The Express.
London, England, 1851-05-24 00:00:00

MONEY MARKET.

[For this day's City News, see .51A pa e.l
EVENINtrI.
In the market for foreign exchange yesterday tho
rising quotations of ]vet post were fully maintained,
and, generally speaking, even advanced a trifle.
Short I'aris was 23 to 21; ditto, three months, 25.20
to '22.f. Amsterdam, 11.17; to 18, being again a
shade higher. Hamburg was done at 1:1.8I, hut left
off 13.8, buyers. Bills on Italy were much neglected.
and Naples scarcely found takers at any price. The
only exception was Genoa, which being in deinatul
declined to 25.33 to 40. St. Petersburg remained at
37,1 to 3. The exchanges on Vienna and 'friesto
present great variations, rising and fulling from po,t
to post. The quotations obtained by letters and tho
continental newspapers are no longer ruled apons
since the electric telegraph brings the rates of
more recent date by way of Ostend and l'ai is. Thci
price was lower to-day, viz., 12,43 to 50.
The following are the rates negotiated :
Time. Pnees negotiated.
Prom To
Amsterdam pert Short 11/. 1640te. .. 111. 15f .ea.
Ditto
Rotterdam
Hambuta and Altonl3rnes. 13mos. et 411.
--o „nkfort-on.tho.3finne „ „ 11/11 hr. ... nett.
450 r. 121. 44kr.
1211. 461cr. 121. 3okr.
23fr. 20e. ... 23tr. 234.
Short 251 t. Or. ... 251. 2to.
„ 3 Mooths2lfr. ... 231 r. 221..
23fr. 21. c.... 231 r. 22e.
251, 35etr. .. 237. tro:s.
„ „ 301 r. 42,,et5.... 3tdr. 421,ta
2111r.60et0. ... 291 r. Oeta.
per dorat „ 41 pence.. 414 pence
. per °ones „ 124 pence ... 124 j pcooet
letnm
Lila: 211 peproree lgt :ernes
' pen°, peneo
0 pence ... -mice

Vienna
Trice*
Antwerp
Paris
Ham
Genoa
Leghorn .
!rapier
Pawling,
alowitia
Mmirid
Cod*:
Bar.,las

14,b0n per lialrei „ 53y Pence 53, Pei
Opnrto
I'he quotation of gold yesterday at Paris was
about 3 ptr mille discount (new tariff rates, which at
the English Mint price of 3/. 17g. 1011. per ounco
for standard gold, gives an exchange of 25.10, and
the exchange at Paris on London at short being
25, it follows that gold is 0.397 per cent. dearer
in Paris than in London.
By vesterday'sadvices, the price of gold at Hamburg
is unjhanged at -125 per mare, which, at the English
Mint price of lit 17s. 10 per oz. for standard gold,
gives an exchange of 13.5, and the exchange at
Hamburg on London, at short, havieg improved
to 13.4 it follows that gold is 0.11; per cent.
dearer in Hamburg than in London.
By last accounts, the course of exchange at New
York on London, for bills at 60 days sight, is 1101
per cent., and the par of exchange between England
and America being 1119 23-40 per cent., it follow*
that the exchange is nominally 0.92 per cent. in
favour of Englund. Upon taking into (trashier:alma
the ditkretice of intercst and charges of tnunliort,
we find that the present rate leaves a profit on the
importation of gold front the United States.
The amount of bills drawn by the East India Cont..
pony nn their respective presidencies from the 7th to
the 23rd instant is us follows:

Rates of Esehange.
Bengal £ 00,271 56 } ~a
Madras 4,7,6 7 3 s. par • u.. s
lk.mbay 6 1$ U 2s. Id. ditto

£6.5,t148 11 5

„..
A fall of 25 &wits per mille has taken place on
bur silver at Paris, which is now gamed at 'l5 to It)
francs per male premium. Large arrivals of bullion
have likewise taken place here, and a change in tho
silver market in likely. to occur.

It will be notimd a ith wtme interest that the na-
vices by the Asia steamer from California through
the United States report a higher prim for gold dust
at Sall. Francisco. The quotation, which was
16 dots. 50 per oz., is now 17 dols.

The account of the position of the Hank of Eng-
land for the week cutting Saturday, the 17th of Nl.ty,
1$.)l, published pursuant to the Act 7 & S Viet.,
c. 32, is us follows :
BA • i% u)• k;NULAX.o.—Arcocor far the see: Ity 17. Le: t.
- - - • WPM SIM.

•,gp,
Notei IrwJ ei,7v.l,vl/:.

(71;:u7,LiAnt. eidt.s.39.
Other
411, 12,u71.74
11,4:h0p ...... 34,J;$

11:4,741,0116

g.TJJ

sAsseio. YI
Provrietors'e%plta I . —LI
Kept . .. ..
. _ —

ot►ISTIISAT.

Banks.
Acotwi 41.117.417
Ither Il ....1t......... 5,921.477
e*ri.+lA) auk' otbar 'Ulla I.l);;Aitiel

Pom!lrltlek

_ .__....
tinelu.l. Wad 4,14: %
Auttulti . ..... Z 13."
OtEotno:unu.•
Not. T,, 211
fined sad ellver Coto

t 11,:•• t,::.1
May V.. Ptri. J. MAItgIIALI ...We t ...,,,,,..
The above returns, when comp:wed with tho-e for
the week preceding, exhibit the following elnuiges:
Circulation hemp E 26,70:00.1.1 Inca .10. e £5.i.9:13
Circulation act ive 19,12ri,475 Deert,t.a :127,57$
Public depiesitai 6,([17,417 I 'terra.: fr,2,M21
Other tletita•its
.._.

433.7

Gorrninn•nt twruritii .4 in

banking cletutrtinioit 13,400,9813 Ikcnva 1x,374
Other m.ruritiiot in banking
department
Coin and bullion in both

deign/means
Seven duy and other Intl 1,077,668 Ih.ere.s..., :01,195
The lint
The Iteserve
-

As we anticipated, the stock of bullion
further increase ; and though the amount is not so
large as was in soinc quarters looked for, the fait
'that the tide ltus turned, us we notietsl last week, is
'sufficiently evident.
According to the official returns published in tho
Oarette of last Tuesday, the total note circulation of
all the private bunks of England and Wales during
the week ending the 10th of May was 3,701,2,41.
In the week preceding the amount was 3,701,4484
There is consequently a decrease of 1021.
The note circulation of the joint-stock banks
during the KWIC week was 2,917,398/. ; nal the pro-
vious week's return lic:ag 2,966,1741., the decrea'c is
shown to be 1+,7771.

Upon taking into consideration the active circula-
tion of the Hunk of England, which, in the week in
question was 1!),!33,1:,4[[. (being 231,8731. less than
the week 'acceding), we find the aggregate note cir-
culation of England and Wales to be 211,111,5441.;
I which shows a decrease of 2:10,2I-11., as campared
with the returns for the previous week ending the
3rd of May.
As regards the fixed issues, the private banks
were 1,01ifi,25))/., and the joint-stack hunks 442,3691.
below the amount authorised to be issued, making a
total of 1,31,4,8391. _ _

From the Committer of Spanish American Riad-
holders we have received the following on the smbicct
of the Venezuelan debt:
Committee of Spanish American llondliotdirs,
8, Broadistreet-buildings, May 1.1, 1841.
The Committee of swinish .tineritatt Bonilhololere have
received a letter front Mr. Lord, the agent of the Verse-
' audio% bondholders, dated '• La binuyra, April's.," of which
the following ore extract.
" The satisfactory way in which congress is dealing with
the arresr interest will of course be viewed by the com-
mittee as far ',referable, and more ads antageons :o the
bouillitolders, than the capitalisation and issue of new bonds
for that interest, compnsating, as it will also do in tome
degree for the shameful misappropriation of funds by tho
late administration It afiiords perhaps something
like a guarantee that the funds will henceforward be faith-
fully applied to the object Gor which they are deetiind by
law, always supposing that peace and good order mid to
preserved On the 14th mind. I gave iogructions to
my agent in Caracetui, Senor Josi M. de Ituyae, to wait upon
the minister to reflect to, hint the request of the committee,
that agents should be appointed in La Onayra and Porto
Cabello, to receive and remit to London the portion of
customs duties assigned to the foreign debt. Owing to the
; Easter holidays, Senor iloyas could nut obtain an interview
' with the minister until the 22nd. For an account of what
passed on the occasion I beg leave to refer the committee to
the enclosed extract from Senor Reyes' letter, written int-
! mediately after the interview. It confirms what 1 stated to
the committee in my letter of 22nd March last year, and
Proves that on this point the government is impracticalde" se
; Ihe present finance minister, nn taking office last month,
gave orders to the several collectors of custom-houses to readt
to ths treasury in Carucci., thenceforward, the entire pro-
ceeds of the one fourth part of impart duties assigned to
public credit. This the minister stated to Senor ltoyaa at
a previous interview, adding ' that he was determined to
re-establish this credit, and to apply the funds strictly to
the purpose to which they had been assigned,' tolling_ him
to assure me that the creditors might place entire confidence
in this resolution. It is it repetition of the assuraueo given
by his predecessor, Senor Items, in his note of the 13th
ult., to her Majesty's charge d'effaires, of which I sent the
committee a copy in my letter of the 28th id vas. The de-
cree for imposing the extraordinary contribution w ,s passed
to the executive on the 23rd, and the probability is, that It
is now a law of the republic. Senor tlellineatt (the mbar
ter) intimated to my agent at the kite interviews that he
only waited for it to become law to reply to my late lettere,
when he would furnish me with an offici.ll copy of the
decrees for transmission to London. The onlinary widens
of congress (duration 90 days) expired on the 28th inst., hut
they have been extended for au additional 1.1 day, to com-
plete certain measures deemed important; the extnenalutary
ountribution being one of them."

EXPRESS
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