The Express.
London, England, 1851-09-20 00:00:00

capirdia. trusL
'The unfunded securities remain steady, in the ab-
sence of any special movement. Exchequer Bills
continue to be dealt in to a moderate extent, at 41s.
to 475. premium, whilst India Bonds arc also nomi-
nally unaltered.
In the foreign stock market the entire business of
the morning has been limited to half a dozen bar-
gains, prices remaining nominally unchanged. For
Sardinian the market is still heavy. The do-
cuments issued by the Mexican Committee, re-
lative to their correspondence with Colonel
Fuel°, have been perused with much atten- I
tion, and have given rise to a good deal of dis-
cussion amongst the bondholders. Great dissatis-
faction is expressed at the ungracious conduct of the
financial agent, after the large sacrifices submitted
to by the creditors, and more especially after the
fair-sounding phrases and the oft-renewed pro-
mises of cordial co-operation so freely in-
dulged in by the functionaries of the republic.
Thu following are the prices at which business has
been effected to-day :—Dutch Two-and-a-Half per
Cents., 5t3. Mexican Bonds, for account, 30th
Sept., 26„, 26. Portuguese Four-per-Cents., 321.
Sardinian Five per Cents., 81. Spanish Three per
Cents., 36, 1.
Advices from Spain inform us that the ministry
are discussing a project for re-organising the depart-
ment of the public debt. The present department
is proposed to be abolished, and three separate com-
missions established, one of issue and redemption,
one of account or audit, and one of dividend pay-
ment, the whole under a fiscal minister and secretary.
To persons here the new establishment will seem
imperfect, as it includes a department for redemption,
and none for composition and repudiation.
A marked rise took place yesterday in the foreign
exchanges, nearly all places being quoted considera-
bly higher than last post. The scarcity of bills on
London on the continent is assigned as a reason, and
the harvest having been abundant, there will be a
want of the usual supply of bills on London
for shipments of corn. Paris was done at
25.17) to 22) for short, and at 25.37) to 42) for 3
months. Amsterdam maintained its former rate of
about par, and left oaf 11.191 to 12. Hamburg was
freely dealt in, Lut at the advanced price of 13.10 to
10). Frankfort touched 120, or par. Bills on Italy
were extremely dull, and all transactions that took
place were dune considerably in favour of buyers.
The same may be remarked of St. Petersburg, which
rule at 37 to N. No alteration occurred in Spain
and ortugal, for which a fair demand prevailed.
The negotiations on Austria were few, since the last
quotation front Vienna is 17 kreutzers higher. How-
ever, several houses having drawn recently at lower
rates on speculation, made use of this sudden
rise, and covered themselves at 12 to 4 for Vienna,
and 12.6 to 10 for Trieste. A great sensation was
created on 'Change by the publication of yesterday's
exchanges of Vienna, Berlin, Hamburg, and Vienna,
in the Daily N'ercs and Times for the first time this
intelligence enabled many houses to transact busi-
ness which they otherwise would have been unable
to do, and it protects the regular trader from an
unfair advantage which a rich bunker might gain
over him, by obtaining this intelligence exclusively.
The advantages which will accrue to the merchants
in negotiating the rates of foreign bills on Tuesdays
and 1 ridays will be considerable, and it is considered
very advisable that Lord Palmerston's influence
should be exerted at the telegraphic: congress to
obtain the necessary facilities from the Prussian go-
vernment, whose bad management seems to be the
cause of the delay experienced by the press in carry-
ing out their arrangements. The transactions in
bills on Hamburg, Amsterdam, the Prussian places
and Vienna, are considerable, and the fluctuations of
the exchange are jealously watched. The informa-
tion is essential to the mercantile interest, and as no

government or public department undertakes to sup-
ply' it, the exertions of the press arc the more thank-
fully received. The telegraphing of corn and other
market prices throughout liii,gltuid has had a most
advantageous effect. and there can be no doubt the
bill market will before long similarly benefit.
The following arc the rates negotiated:
Time. races to-debated.
From 10
Amaterdas pert Short US. ... 1111. Idiatv.
nun,
liettrnkun
li.inibuig and Altmia „ Limes. 15 reit]. I:raes.
lktl:n, LeiFaie, and
Bretdati

„ 6thlr. 21igr, . 6thlr. 254 gr.
I"ninkfurt-cda.lho.4tiuna „ „ 11901. 0ar.... 12141.
Vienna ....... „ „ ltd. —kr. ... ltd. 4kr.
Iticate ..... — ...... ~, „ 1111. 6kr, ... 1211. Inkr.
Ahticerp
Perla e, Short 257 r. 17. c ... 23fr. 22ie.
Ditto ................ ..... ~ 3 3loaths2sfr. 370. ... 25fr. 6110..
Ilene ...... .......
lives
}lmmo, ............. e 37.4. &lets._ 301. 631 et,
la—horn
N -dick per crneat „ 411 pence ... 411 pence
Pal. nno per ounce „ 122pe nee ... 121 i pence
Illaiirid pas dullar „ 49i lance ... SO pence
Cada ,, ~ 20k pane, ... 5•.4 trace
Seville
Titus pee sillrei „ 53 p.reei .. 5,4 pence
Oporto
St. Peteraborg, .. per ;Uhl. ~ 37 Dente ... 374 pence

The account of the position of the Bank of Eng-
land for the week ending Saturday, the 13th of Sep-
tember, published pursuant to the Act 7 and 8 Viet.,
c. 32, is as follows :

far the wock oadlus &pt. 13,1

lairi Dr
Note I D7;47,740 I

tiunanunnt De' t.......511..11`.10n
Oahu t•anntn:. 2444.90.)
Gold Cnln and litildna 134014.30
ether Wilco ..... 33.47 S

A 7437,740

£37.937.74)

•
31811110 Di
rograt.u.' 41..•411.60,
Cl4l
rubtle Drpcoilsouud
boor%
Cora 'Vt.. f 4,21

,PLITIIIII..
Goltrraraut &Inuitlt.
daclu.l.lh9l4 W.... I.t
AL4,..11,0 ..„. ..C13.464.t16
:ithorSocon.l . .. 13.4.17,245
`tote...
1 tlett and tither • u.c .. 1.7d.7.73

Itebt.e..t,p V. A ,48.) 8.737.770
(0.8“ (3,,0rt0 M03;4.5
•ce nAkylusd.natrliais 1.811.148

C.C.:O7AM

i36,367.0"4
N. MAftNIfALI, eLlef maw,.

Sept. 13, 1.51.

-- -- --•
The above returns, when compared with those for
the week preceding, exhibit the following changes :
Circulation issue 127,937.740 Increase £230,175
Circulation active 19,116,905 Decrease 2452,470
Public deposits 8,7.37,770 increase 681,357
Other deposits
Government securities in
banking department ... . 13,464,216 Without alteration.
Other securities in banking
department
Coin and bullion in both
departments
Seven day said other bills 1,211,1 D
49 re
se
17,160
The Rest
The Reserve 9,405,568 Increase 478,552
The large increase in the bullion, shown by these re-
turns, is entirely in accordance with our anticipa-
tion', and is the natural consequence of the large im-
port of specie which took place during the week in
question. These included nearly 400,0001. by the
West India steamer Dee, the total imports of the
week, as estimated by us at the time, being upwards
of 620,000/.