The Express.
London, England, 1848-03-14 00:00:00

surprised on arriving at the Wandsworth court at the usual I
hour of 10 o'clock. to find full 200 persons waiting to
be sworn, no intimation of the kind having been sent to him.
lie mutt therefore decline swearing the parties in. The
whole of the persons waiting thereupon left the court.

MONEY MARKET.

MONDAY ISTIMINO.
The less exciting =tale of the continental accounts
this morning had a correspondingly tranquil effect on
the funds during the greater part of the day. Con-
sole remained, until tie close of business, nearly
stationary at 801 to 1, the only variations being from
those rates to higher. Ttiey left off at 80i to for
money and account, but subsequently, out of regular
business hours, they are said to have been done
higher, and quoted 81 buyers. The state of the
account has begun to exercise considerable influence
now upon the dealings, and the understanding
that it is decidedly of a " beer" tendency, that
is, that the speculators for the fall have
oversold themselves, whilst at the same time money
stock not only is scarce but with every appearance of
continuing so, will in such case assist in supporting
prices, or interpose probably with some effect in pre-
venting auy material fall which the course of political
events might otherwise occasion. The transactions
were decidedly lees active to-day ; but there is reason
to suppose that parties for the fall were taking the
opportunity during and late in the day of quietly
checking their operations by purchases, even at the
advanced rates last referred to. Exchequer Bills were
28s. to 30s. prem.; India Bonds, 10s. to 14s. prem.
The arrival of a vessel direct_ from Vera Cruz,

which she left on the .sth ult. led to some expecta-
tions of more positive intelligence respecting the
affairs of that republic in the favourable sense of the'
restoration of peace, and the bonds in consequence
advanced about per cent., being quoted, for a short
time only however, at 141 to 151. The expectation
was however not realised by the correspondence re-
ceived, and prices went back therefore to 14 to
notwithstanding that strong efforts were not wanting
to support the market. There was no disposition,
however, apparent in any quarter to " back ' opinion '
by purchases to any exteut, and dealers were the less 3
inclined to operate, moreover, from the knowledge 9,
that large amounts of the bonds purchased some short t;
time since at much higher prices were under hypothe-
cation to nearly their full worth at present rates, and
must be thrown on the market for sale at auy price
cm or before the account day, now nearly on, unless
redeemed, or that the holders may be induced to eon- i
tinue the loans upon additional guarantees in hand
for a further period. Spanish Fives were called 11!:
to 12 ; the Threes, 22 to 1, ; Passive, 21 to 31.
l'ortuguese, 14; to 151. Dutch Two-and-a-Half per
Cents., 40 to 2; the Fours, 59 to 61. Venezuela,
115 to 18.
The extraordinary fall in Vcnezolano Bonds, which
some weeks since were (puled 36 to 38, must natu-
rally excite some surprise. The late &deices f-om
that republic were sufficiently discouraging. The
chief city of Caracas was left in a state of convul-
sion or revolution, the very members of congress en-
gaged in fighting, and cutting each other's throats, and
the combat of parties extending from their halls into
the streets of the city. Monagas, the president, and
the party supporting him, appeared then to have the
advantage, but old General Paez, the real founder
and protector of the republic, was said to be in march
for the city at the head of 7,000 of his Dancros, a
class of men answering to the Gauchos of the Argen-
tine Pampas, who have always hitherto given the
law, and have never yet been other than victorious.
But that which weighs more particularly upon the '
value of the Vcnezolano stock is the failure to the
payment of the dividends. The last dividend was not
satisfied because of the insolvency of Messrs. Reid,
Irving, and Co., the agents, who had the funds in
whole or in great part remitted to them for the pur-
pose. Another dividend falls due on the Ist of next
month, and it is understood there are oat funds here
to meet it. This young state has heretofore been so
punctual that the second lapse, the first being un-
avoidable,
and not imputable to it, has created the

greater discouragement.
A meeting of the creditors of Messrs. Kingston and
Co., West India merchants, who suspended payment
some short time since, was held to-day. The liabilities
are understood to be from 20,0001. to 30,0001., and the
assets, from the accounts presented, were considerably
in excessrbut consisting partly in West India estates.
Inspectors were appointed to overlook and wind up
the estate.
The estate of Messrs. Lesley Alexander and
William Bardgett, which at first was agreed to
be wound up under inspection, has been since carried
to the Bankruptcy Court. We refer our readers to
our report under that head for a copy of the balance-
sheet, prepared by Messrs. Quilter, Ball, Jay, and
Crosbie, accountants.
We learn from Scotland that the Glasgow banks
have agreed to allow 4 per cent, interest on permanent
deposits, and 31 per cent. on current accounts.
Exotic!' FDNDA.
Bank Rock, abut Loot Anne.. elp. Jan. 8,18 w, abut
pesr 3340) en".
J°111..1.,11:108,11#t
-console for Acct.. 00/
New 31 per Ct. Anna . abut E set. /MIN £1,000.3d.,20 30 24 pm.
India Stock, abut Ditto, £5OO. 28/=.
India bond.. a:1000, 12 Ditto, 4=ll, 28 30 pm.
FOREIGN FUNDS.
34 pm• Ct. Eloador 24 2 per et. Spanish Bonds, Div. from
1 per Cl, Grenada Win, 11 o!..18W, 11
Ditto, Deferred. 2/ Ditto. Acct., March 18 12 115
5 1.1e.r Ct. Mexican. 120, t 2 Ditto Passive Ma., 25 2/
Acc, March 16, 111 141 / 21zer CL Dutch Each., 12 Cull..
3 per Ct. Portuguese Bd.. 151
2/ per Ct. VenetuoLa 1616 Ditto. Acct., March 16.404 2
Ditto, Deferred. 4 4 per Ct.. ditto CmUtiCl4o4 62 1 6032
EXCIIANGF-4 AND /MOCKS ABROAD.
TIAVOrIO, Mann. 10.—Spanids New Fire peoncete., It 72 ; Brig
114 h Loan. Three per Cents., 25 74. Exchanges London :
burg. March 10,13.011, two month.. 13.83; Pete-return, Feb. 39, three
nionth, 11.16; Chrittania, March 1, three months, 4.78; Stockholm,
March 3. SO dam 12.11 10; Bremen. Marchmouths, 612 ; Berlin,
March P. three months, t 720 ; Frankfort, March 2, two month,. 1688.
Hiatt!, Illasca 10.-Bt. &bold. Sch., Two-anderHalf per Cent..,
844 iHt.

ZRLIN, MARC'S 10.—There wea a very visible
improvement in the state of the Bourse this day; there were
numerous purchasers from various quarters, and nearly all
the funds and shares had en upward tendency. This favour-
able tone prevailed to the close of the Bourse.
FRANKFORT, MARCH 10.—At the Bourse this day
business was extremely animated in German funds. The
had state of the Paris Bourse, on the re-commencement of
business, has happily not produced any unfavourable impres-
sion here.

RAILWAY NEII3.
The dealers were chiefly engaged yesterday in
" making up" for the settlement. The market was
heavy, and prices scarcely more than nominal, from
the disinclination to do business, in a speculative
sense.
MEETINGS. SOUTH STAPPORnsMIen.-1/41f-yearly
Henn.p.—Waliall, March 13. —Hr. C.N.Forster in the chair.—The re-
port congratulated the shareholders that notwit Intending the pressure
at pecuniary and commercial distress during the last six months the
weeks have been in active pregreve throughout that part of the line
which can be most beneficially worked in canaelion with other Mi-
-1 ways. Further, it wee announced that "the Birmingham branch
has been opt ned for passenger and tared trafee since the last half-
' yearly meeitaig, in conformity with the intention announced in the
report then laid before the proprietonn and is now at work in con-
junction with that portion of the Leaden and North Western Railway
warn is nece.thry to give complete communication between the towns
of Birmingham and Walsall. in order to secure the efficient and us.
fettered waiting of the line (the completion of which from the Mid-
i and Railway to the London and North Western Railway reap he ex-
pected about the elm of the present year) the directors have thought
whichvliß to obrreder tbeveptorratioLloit the cenquilLte. wzrakieng before
the opening of the line. It will be observed that al-
though large some have been expended in land, work, and
I Permanent material., V. per share only had until very recently been
called up. An the spring advances the monthly en for the
above purpose will be nearly double their former amounts the di-
rectors have therefore found it necethary to make a further call of
17. 101. per share, on the capital of the company, payable on the 31st
instant; a period of upwards of five months has however intervened
I between this sad the last preeedlse calk A considerable proportion
of the capital -notch is likely to he required for completion of the un-
dertaking hart, g thus been made payable, the director. have deemed
it expedient to exercise the power given to than by the act of incor-
poration, and have therefore directed interest at the rate of 4 per
eenL to a paid from the 31st ht4tant on each share on which
shall have been paid up, subject to the usual stipulation (which
at also made peremptory by the act), that no interest shall
be paid to rtn proprietor who is in arrear of any all,
during theperiod such cat shall remain unpaid." In
• subsequent paragraph it stated that "at the first half-yearly
meeting of the amalgamated company the directors had occasion to
refer to their progress as being probably lees advanced than that
of other companies, whose proceedings had not been impeded at their
outset by like arrangements consequent on the amalgamation' but
they believe they may now confidently refer to their position as being
cansideratly in advance of alma any similar undertaking in this dis-
trict which was sanctioned by the legislature during the same ression.
The engineer's report stated that the line between Walsall and the
London and North Western Railway had been worked by that MD.
pany during the laat four months, and was in good repair. The state-
ment of accounts showed that there had been received in
deposit calla, He., 14,1,3031. 85. lece ; this sum included
71:1. les, s. 2d. for trafßesince the line was opened. The disbursements
included land and compeuatien, 54,9611. 16a. ltd.; works,
:9,0491. les ted., and there is a belam in hand of 40,4531. 15s. 7d.
In reply to a question from a proprietor as to the amount of array ea
the ens and second calls, the secretary announced that there was
4,0001. on the first, and between 30,0001. and 35,0001. on the second ;
but with respect to the latter aunt the chairman explained that
•
great portion of it was due from other compass, and sa stood inte
was paid, it was considered not to bee bad investment —A proprietor
remarked that it appeared as if a third call had been made in conse-
quence of the previous ones not having been paid nu—The Chairman
replied that the money was althea in consequence of the heavy
works which were now in rapla for the completion of the
line.—The report was adopted, and theemretiriug direct Ors, and auditor*
re-eleetsd.
WISHAVf AND COLTNE,..—Adjourned Annual Meeting.
—Glasgow, tMarsh 9.—Mr. A. Weir:lw the chair.—Thit report