The Express.
London, England, 1851-08-02 00:00:00

MARLBOROUGH-STREET.

Captain Swinney, a gentleman of remarkably good-
natured aspect, applied to Mr. Hardwick for advice in the
following dilemma.
Ile was walking down Regent-street when his attention
was casually attracted to a fine showy horse which a man
was leading. At that instant an honest-looking fellow,
dressed like a gentleman's coachman, came up to him and
said, " Ah, sir, I see you arc looking at that horse; it's
just the horse I want for master. One of our horses is
dead, and that horse just matches the one left. Now, I
bought that horse for atg., but when I went to pay for it
the rascally dealer said it was guineas, not pounds, and so
we had a wrangle, and he won't let me have the anitnid at
no price. Do, pray sir, try and get it for my master, and
here's the money." The coachman showed a hag of sove-
reigns, and applicant feeling much concern for the distress
of the coachman, and his honest anxiety to look alter his
master's interest and wishes, consented to do what he could
to serve him. lie offered the 52/. 10s. to the nephew of the
dealer, who canto un at that moment, but when he pro-
posed to close the bargain, by tendering the coachman's
ntoney, the nephew refused to take it, assigning as his rca
son that his uncle had made a vow not to take the coach-
man's money, on account of the row that had taken place,
and he would not make his uncle break it. Applicant, who
continued in his goodnatured disposition towards the coach-
man, got over this difficulty by stepping into Hopkinson's,
the banker's in Waterloo-place, and procuring a cheque for
521., which he handed over to the nephew. The horse was
to be placed in a stable in Regent-street, and while room
was being made for the animal, by the removal of a carriage
which stood in the gateway, the honest wachman diaap-
peered with his bag of money, and applicant found himself,
to his great chagrin, the undoubted owner of the horse.
Feeling some kind f misgiving that he had been taken in,
and had paid 52/. for a horse not worth as many shillings,
he thought the best course he could take was to seek maga-
Writs' assistance in his difficulty.
Mr. Hardwick expressed his surprise that a gentleman of
Captain Swinney's position and information should have
been imposed upon by a trick by no means uncommon, yet
hitherto successfully practised only on country visitors or
very inexperienced people.
Captain Swinney said he was completely deceived by the
manner of the pretended coachman, and the natural appear-
ance which was throughout given to the transaction.
Mr. Lcadley, the chief clerk, recommended Captain Swin-
ney to take the precaution to ascertain the value of tie
horse, before he gave the parties (provided he could meet
with them) into custody for fraud.
Captain Swirmey left the court for that purpose, and
shortly afterwards returned with an evident addition to his
inquietude. He had caused the horse to be inspected and
valued by an eminent dealer in Bond-street, and the value
of the animal was pronounced to be not less than eighty
guineas. He now feared he had bought stolen property, AIN
It was difficult to believe the biter had been bit in this
transaction.

Captain Sarinney to refer

WESTMINSTER._

MONEY MARKET.
[For this day's City News, see sth page.]

FRIDAY EVININO.

The committee of Spanish bondholders have re-
ceived the subjoined communication from Mr.
NVeisweiller, the intelligence conveyed in which,
however, has already been anticipated:
Madrid, July 26, 18.51.
My dear Sir,--I beg to inform you that the senate has
voted to-day definitively the law for the settlement of the
debt by 69 against 19 votes. The law is to be immediately
sanctioned by her Majesty the Queen, an as to relive
prompt esceution.-1 remain, my dear sir, your most obe-
dient servant DANIEL IV EISW FILLER.

James Capel, Esq., Chairman of the Committtee
of Spanish Bondholders, &c., London.
The dividend on l'ortuguese Bonds, due the Ist of
January, 1830, being this day in course of payment,
we are glad to hear that Mr. Thornton, chairman of
the bondholders committee, has formally renewed
his protest against the arbitrary deduction of 25 per
cent., for which no consideration is given. It is
much to be wished that the new I'ortuguese adminis-
tration will see the erroneous policy of its predeces-
Isom, and accord justice to the foreign creditors, as
the only means of retrieving the credit of the coun-
try, which now stands lower than that of any other
European state, with the single exception of Spain.
The market for foreign exchanges presented no
great alteration this afternoon. The rate upon Ham-
burg was a shade higher, whilst other places fully
maintained former quotations. The gencraltendency
of the market is upward. Short Paris was done at
23 to 21; do., 3 months, 25.20 to 23. Hamburg being
rather offered, left off 13.8, bills. Amsterdam found
takers at 11.18 and upwards, but sellers not being
inclined to accept that rate, did not negotiate their
drafts. Frankfort was a trifle higher, leaving off
1191, money; sellers, however, insisting on 1104,
several amounts remained unsold. Bills on Italy
were as high as last post, with the exception of
Genoa, which was a shade lower, at 25.37; to 42,;.
Leghorn ruled at 30 40 to 43. Naples was in favour
of sellers, a demand for paper on that place being
shown. Bills on Spain were in request and done in
favour of sellers ; but the reverse is to be observed of
Portugal, which was very difficult of sale,:
and consequently buyers obtained better terms.
On Austria the demand was not so great
as of late, bankers having stopped specu-
lative purchases for the moment; however,
several orders to buy having arrived from the conti-
nent, the rise was not considerable, Vienna leaving
off 11.11 to 43; and 'Trieste, 11:14 to 46. The rates
negotiated arc as follows ;
Time. Prices negotiated.
From To
Amaterthon per* Short I Id. Mtge. ... liL Piptv.
Ditto
Rotterdam
ltanlotte and Altana „ Lintea.7jeall. 13mm. melt.
ranlifurt.on-thealaine „ I tint. IS,. 111111 E
Vtenna
Irit.te

441,erp ..„.» .. 23fr. 21.1 a. ... 231 e. 2 t,e.
„ Shine 25fr. —e. ... 2,1 r. 24e.
:OW, .... —.„....
11.Lere ...... 99 „ 231 r. 22. e.... 241 r. 23e.
crow ........•
1 eghora ..„ .......
Nap1e........... ........ per duet ~ 41/ pence ... 41i pence
Palermo ...... per ounce „ 1231 puma ... 124 prune
12i ... 1244 pv

...
NI „ .....c pence .„
.g Pence Arid per do„ llar „ 49', ... pence
t edut ......, „. 5.,. perm ... SOI pcnre
lA.3an per it.threi „" 531 pence .. Sif pc.to.
Oporto
Quotations of liullion remain as before, but the
price of silver evinces rather more steadiness, and
bar silver containing gold is quoted 4d. per ounce
higher, at ss. 1;d. The specie brought in by the
Meander, which consisted chiefly of gold, has all
been sold.

Letters received by to-day's Hamburg steamer
report no alteration in the exchange or price of
gold.
The price of gold yesterday at Paris was 41 per mille
discount (new tariff rate), which at the English mint
price of V. 17s. 101 d. per ounce for standard gold,
gives un exchange of 25.031, and the exchange at
Paris on London ut short being 23.021, it follows
that gold is 0.12 per cent. dearer in Paris than in
Loudon.

Ity.the latest advices, the price of gold at liam-
barg 425! per mare, which, at the English Mint
price of 3/. 17s. 100. per oz. fur standard gold,
gives an exchange of 13.51,, and the exchange at
Hamburg on London at short being 13.3, it follows
that gold is 0.117 per cent. dearer in Hamburg than
in London.
_

By last accounts the course of exchange at New
York on London, for bills at GO days' sight, is 1101
per cent., and the par of exchange between England
and America being 109 23-40 per cent., it follows
that the exchange is nominally 0.92 per cent. in
favour of England. Upon taking into consideration
the difference of interest and charges of transport we
find that the present rate leaves a profit on the im-
portation of gold from the United States.
The meeting of the Royal British Bank was held
to-day, when a report was presented, showing that
the profits of the halt-year allowed a dividend at the
rate of 3 per cent. per annum, besides an increased
sum for the reserved fund. The directors claim that,
under the head of cash credits, they have saved
their customers stamp duties equivalent to nearly
5,0004

At the annual meeting of the London Reversionary
Interest Society, held this day, a dividend was de-
clared of 5 per cent. on each share, free of income
tax, payable on the 11th inst.
The moonlit of the position of the Bank of Eng-
land for the week ending Saturday, the 26th of
July, published pursuant to the Act 7 and 8 Viet.,
c. 32, is as follows :
BASK 01, EN(.11..t N U.—Accooirr for the week en4la,t July 20, 1851.
1111WS
Nola knee L"7.25.445 thr,ertori,ol, /11,01 Int
otter 50nata,.......
(1.1.1 (loin tn.l Milk* 13,198.810
I linter Baton 11.375
147,225,485
/10 a. 6 I,
rjIWW".C.9..
3,3 5.1111
rublio Depooltallnelod.
Csoto4.. haat&
Cloutults. of Naow.,l
Debt. I hr. Aeotcl 4.215.4 M
Other Du! ants
noveo.layaudotlxB IIW 1,19:40017
132.388
July 31, 1851. 13
1.365.3
1 it SI Chef .
a 365,
.
The above returns, when compared with those for
the week preceding, exhibit the following changes:
Circulation ilattle
Circulation active 20,516,010 Decrease 118,005
Public deposits 4,295,495 Increase 338,489
Other deposits
Government securities in
banking department
Other securities in banking
department
Coin and bullion in both
departments
Seven day and other bills 1,195,667 Increase 12,774
The Rest
The Reserve 7,300,696 Increase 71,694
These returns do not exhibit any variation of great
moment. The effect of the smaller payments cm
account of the dividends, which may be considered
as now nearly concluded, is seen in the further small
decrease in the stock of bullion.
According to the official returns published in the
Gazette of last Tuesday, the total note circulation of
all the private banks of England and Wales during
the week ending the lOtii July last, was 3,412,094/. ;
in the week preceding the amount was 3,450,4621.
There is consequently a decrease of 38,3681.
The note circulation of the joint-stock banks during
the same week was 2,719,069/., and the previous
week's return being 2,730,025/., the decrease is shown'
to be 10,934/.
On taking into consideration the active circulation
of the Bank of England, which in the week in ques-
tion was 20,634,015/. (being 443,070/. more than the
week preceding), we find the aggregate note circula-
tion of England and Wales to be 26,763,2087., which
shows an increase of 393,746/. as compared with the
returns for the previous week, ending the 12th of
July.
As regards the fixed issues, the private banks were
1,308,858/., and the joint-stock banks, 690,918/. be-
low the amount authorised to be issued, making a
total of 1,999,776/., below the fixed amount.

127.=5.4M

7o,4TNIMP.

ou..4ud.ldot
Atand,4l Z 13.464.021
,idterzeclaritios 11.60).0)5
!iota
• ioid awl elliret Oftn /01.251

NEW MONEY ORDER OFFICER.—The undermen-
tioned offices will be opened as Minor Money Order Offices
on the following days, vis., on the lit of August—Ensham,
Oxfordshire ; Kingscliffe, Northamptonshire ; Ripley, York-
shire; Slaithwaite, Yorkshire. On the 4th of August—
Ombersley, Worcestershire. On the Bth of August—Rag-
land, 'Monmouthshire. On the Bth of August—Bleenavon,
Monmouthshire. On the 11th of August —Talgarth, Bre-
conshire. On the 13th of August—Llandrindod, Radnor-
shire. On the 15th of August—Trecastte, Breconshire.
On the 18th of August—Tregaron, Cardiganshire.