The Express.
London, England, 1847-05-11 00:00:00

slightly, and the market was without *eel:anent They
opened at twe tot money, and 861 to 1 *r time. After
fluctuations ranging within 1 per abet they settled down en
leaving off at 861 to 1 money, and 861 to I time. Redmeed
Threes, 8.51 to 1; Three-and-a-Quarter per Cents., 861 to
71 ; Exchequer Bills. 21. to is. premium ; Loag Annuities,
8 15-16 to 9; India Bonds, 2s. discount to' sa. premium ;
Bank Stock, 188 to 9.
In the after part of the day scale dealings took place in
foreign stocks, but from the lower prices submitted to in
several instances, it would seem rather that sales were
premed. Spanish Fives were done at 22; the Threes, at 331
and 33i; Pardee, 41 to 1. Portuguese were called 34 to 5.
Dutch Two-and-a-Half per Cents, 571 to 1; the Fours,
871 to 8. Mexican, 191 to 201. Venezuela, 37 to 9.
Brarnian, 82 to 4. New Grenade, 19 to 1. Austrian,
103 to 6.

The quiet elate of the funds to-day may partly be attri.
hated to the greater comparative easiness of money,
both in the Stock Exchange and the general discount
market. In the former it might be had at five
per cent. for short periods ; in the latter, the rates are still
too various and arbitrary to be quoted with any pretence of
precision. But from 61 to 7 per cent. may be stated to be
charged upon unexceptionable paper. Whilst the rates re-
main so high there is but an indifferent prospect of the
Treasury being able to tempt the holders of the scrip in the
eight millions loan to anticipate the payment of their instal •
ment by any but an extremely ample deduction for the
ready money. What may be the proposition of the Chan-
cellor of the Exchequer, or the understanding he may have
come to on the subject with the parties interested,
will probably, however, be made known in the Commons
house this evening. Should some arrangement not be con-
cluded the embarrassments of the Bank would be most in-
conveniently complicated if again pressed for advanoes by the
government to pay off possible exchequer bill dissentients,
and cover the deficiency of the public deposits to answer the
ittl7 dividends. The slow rate of increase in the public de-
posits, by which these responsibilities should be met, with a
reserve of notes and coin in the banking department scarcely
more then equal to face a not improbable active demand
upon the private deposits, which are of more than two and a
half times the amount show no very encouraging promise of
the ability of the Bank to comply with any requisition for
assistance from the government in the hour of need. Such
assistance could only be granted at the expense of mach de-
=nt to the course of industrial affairs, or of great risk
Bank itself. It is to be hoped, therefore, that the
Chancellor will be able to find resources in the way proposed,
or otherwise, which shall obviate the necessity for such
recourse. . _

Projects are beginning to abound for reforming or rein-
forcing the currency. We have pamphlets from Birmingham
and Liverpool lying on our table, containing various propo-
sitions. The latter, entitled " Tracts for the Times," pub-
lished some weeks since, pre • return to the small or
one and two pound note, circulation to some extent similar
in plan and working order with the proposition broached in
the Economist of Saturday last. Some advertence to the
leading points of these various suggestions may be briefly
made on • convenient occasion.

-----
ENGLISH MIDS.

Beet Stack. 194 t 7 If
pat CL Rod. kmaa,939
to CL Com Asa,
Kew p. Awn. on gi
1,9•19.L./111.19,196), IFOI
Ditto. 11. v., I. Ids ILL, 1N0,_99

14142 deeds. 1.400& , I 4p10.e•
I.llito, wade. 1,0021 ,
Oar*. In Awl, 461 j 111
11.14. f 1.400, U., 4 I 2
Oleo, UIN.7 I
Dim. PEW, 11 4 7 pm.
10121*.
t. Ct.:111AI 86., DI.. fees
pee et 82.4•1•0 Pan. /W., 41 1
Defee224. IS
pee et flpeolak 15.6, 4202221.
Kay 14, 22.114
*per Cs.D Tameterred, 11 er* lira, 27
Nu, 1
if pee Cl. Dwelt Re.. 12 gull . 274
4 pee Cl. Dumb eeroPleatee, 474 11 1

per CI. AIWA. Ede., 10
per CI. Detain. Meade, Si 23
DIM, Nall,
3 per Q. Cltillsoll34 Deeds. 611
3 per Ci Dash Dands,lll33, elk
Di pet Ct. idsader Prode,
per Q. 0 resole Deed., 111
Ditto, Deferred, 3
6 pee Ct. Draken, 16411, IN 316
6 per Deer. renniseee Dead.,
6 pee Q. Ileeelea N., IHI, 10•11

Nurse., Dor 7. —.heavies, Dye per Cwt.. to M.. Sul Munn.
1610 bllle ; Denise MOW. Lau. 1041 Odle, IMO wooer . Pte. per Cwt.
Members art, tel bells, 1014 sweep. DU*, tint maw. lawerp. 104
wooeP; Due. Nape awl Or., Utlrd alai Nara wire, 171 Dewy. Due,
I. reedieste.letells OS mosey , New Peer per Ono,Hew ae4 .
0111 s; 4100*. 41e1511.5. 61 Mt.; Spealah New Flee per Pen, 174 DID,
17 weer Do. Three per Caere., 585 bilk. Derek Aet. debt. Twarrae.
wiled per DID., MI Mlle Prelleh New Four per Curt 1., IM 75 NW
Denleh-legleri Leta, Three per Orate., 61 bele —Dedham. as Leedom:
Hanbert,Dlar 7.15 M; De., Uwe wreaths, lilt; PeterehDV. keep 47.
tkrae months, 55 11-15 May I. tbree menthe, M. Chrletaaea,
Aprllll. three =teethe, 4 IC Storklobr, April IS, PO Dm 40 15 ,
Stay 5, three swathe. .111.
Weems, hire 4.--71 wee pre OM., 315 miry, 11l aahreet ; 7120
pr 0h... 155 peer: Paerliree, 01 Jamey, I aeureat Osepoee, 16
ea Lewin. 40 63.

MIXICAN CONVERAION LOAN.—ne committee of Spanish
American bondholders have received from their agents, in
the city of Mexico, a letter of which the following are
extracts

Maxim, 11 saes 31, 1147.—Thos contents of your comatunientions
under notice, have been carefully observed by no, and, be reply, we
may inform you that the revolution against Cameo Perim, which w•
mention In our last, has been put an end to by the arrival of General
Banta Anna, who is agate at the bead of the government. We may
odd, that the general b favourably disposed towards the conversion of
the Mexican bonds, and we have every minim to believe that the
point will be arranged satisfactorily during his presidency. The war
with the United States continues with great exasperation on both
aides, and the town of Vera Crux has just been taken by the American
after a bombardment, which Lasted flee days. Some people seem to
think that the events now porde( will Wing matters to a crisis, and,
perhaps, lead to • speedy termination of hostilities, which la mach to
be wished for.