The Express.
London, England, 1847-04-07 00:00:00

found on him 21. 13s. Id., and a variety of documents which
indicated that be was a respectable man. He denied. the
charge, and stated that he heed at the Ship coffeehouse,
(Bermondsey-street.—The prisoner said he could with the
utmost ease prove an alibi. He was at 19, Bermondsey-
street from 12 to half past 1 o'clock on Monday. He then
went to Deptford, and afterwards returned home to tea, end
then visited one or two friends, who could prove he was
not at Battersea at the time stated. The magistrate would
see, by reference to his letters and other documents, that he
had served his time to a broker, named Besby, at Exeter ;
that he had a freehold house at Collerton ; and, 20 years
since, had married at that place the granddaughter of Capt.
Wilson, who brought Prince Le 800 to this country. As •
forth. r proof of his respectability, he could refer to
Messrs. Crillett and Wimburn, of Chancery-lane, solicitors
Mr. Poynter °heaved that item a singular burglary whoever
did it ; it seemed to him more like the act of a neighbour
than any one else. Nothing had been stolen ; and what
motive could a total stranger have in acting so ? The
prisoner's statement was so ingenuous that he could not con-
sider him otherwise than a respectable man ; and in fact be
was personally acqunintedwith pithead:le prisoner had men-
tioned. He knew from experience that very extraordinary
mistakes had been made u to identity of person, by children,
and therefore it was neunary to receive such evidence with
the utmost caution. Although the girl wee so positive in
her sta'ement he believed that she had made a mistake, and
the prisoner was wholly innocent of tke matter. Under all
the circumstances he should take the prisoner's recegnizances
in 201. to appear that day week, when he (the magistrate)
trusted that the singular transaction would be entirely,
cleared up.—The prisoner having entered into the required
recognisance s was discharged.

HAMMERSMITH. OUTRAGEOVS AstherLra UPON
FEYALER.—Untjamin Shelley was charged with the follow•
ing outrageous conduct to females. Sarah Wearing went to
the residence of her sister at Shepherd'. Bush, and as
alto was returning home with en infant child in her
arms, about half-past ten o'clock on Monday night,
the defendant ran violently against her, knocked
her down, and trampled over her. She screamed
out loud!y to him to mind the child, but he paid
no heed to her, but kept going on.—Policeman Bentinck, T
59, found the first witness in a state of great alarm and ex•
eitement, followed the defendant and took him into
custody. He had subsequeirly ascertained that the screams
he heard as he hastened to the spot proceeded from a young
woman whom the defendant had also run down after the
first witness. He had also heard that defendant had al
Shepherd's Bush likewise knocked down three other
women, one of whom is seventy years of age,
The defendant, in ans.., r to the charge, said he knew
nothing whatever about it. He had been visiting a friend,
and had been drinking.—The po:icentan said the defendant
appeared at first rather excited ; but he soon became seneible
and collected, and at the station-house threatened to bring an
=firm against the complainant if she had him lccked up. Mrs.
Wearing offered not to press the charge if he would make
in apology but he would not do so until it was too late.—
Mr. Paynter told the defendant that he bad been guilty of a
most gross outrage, and had made himself liable to several
other proceedings of the same kind, if tho other parties
Ironed it against him. Under these circumstances he should
Lot inflict the full penalty of 5/., but should fine him 31., or
a month's imprisonment.—'The defendant paid the fine after
being locked up a short time.
WOOLWICH.—Cunioce ROBBEI,Y.— William Kirk,
o van-driver, was charged with stealing 111. 4e. in gold
cod silver, the property of John Roberts. On Satur-
d complainant got into the van driven by the prisoner, at
the terminus of the Greenwich Railway. After arriving at
Woolwich, he went with the prisoner to the house of a Mr.
S'neen, sod for Nerdy gave the money, in the presence of the
p ironer, into the hands of one of Mr. Sheen's daughters.
He knew nothing further of the money, but understood that
the prisoner had been spending a eonsidrrahle quantity of
money on the same evening. Mary Sheen, the young
w.maa to whom the money had been entrusted, stated that
she took the money out with her into the town the acme
evening, and lost it. On being questioned by Mr. Trail,
she confessed having made a different statement to the oom-
ph inapt, and evinced such an extraordinary derirc to shield
th, prisoner from blame, that Mr. Trail, who immediately
disAarped the prisoner, told her site evidently knew more
about the money than she chose to communicate.

MONEY MARKET.
TEESD tY EVENING.

The returns of revenue were regarded with so
mut h the more satisfaction in the City, as so considerable
an increase of receipts had by no means been anticipated.
Consols improved in consequence to 881 to 1 for money and
woo tot. But this improvement did not long continue.
Sellers made their appearance and went to work with much
activity, and prices descended. At the regular hour of
closing business, Consols had already declined to 87; to 1,
but bargains were done subsequently at 871, and even as
low as 871. A sort of panty seemed to have seized
the market. for which nobody appeared able to
account. The stocks which have been shut pre-
vious to the payment of dividends are now open for
trawler, and the dividends were paying to-day, as they will
he t.-morrow, to the bankers, and the next day to the pub-
lic. Reduced Threes opened at 671 to cx-davidend, but
left cffB6l to Three-and-a-Quarter per Ceuta. were first
done at 881, but left off 834 to I ex-dividend. Bank Stock
ex.oli‘idend, 1991 to 2001. Exchequer Bit* Is. to 4s. pre-
mium. India Builds, 29. to 4s. premium. Lung Annuities,
9to 1.16. Console Scrip, 11 to 1 discount.
The attention of speculators was at one time directed in
the fo.eign market to Spanish bonds, which advanced about
1 per cent, upon the rise of yesterday. But this position
we. ,t maintained to the closeof business. The fall and
the in easy state of the funds checked the dealings and
depres ed prices in Foreign stocks. Spanish Fives receded
to 231 to 241 ; the Threes, to 3.51 to 6 ; Deferred, 16 to I ;
Passive, sto 1. Portuguese. 31 to 5. Mexican were called
211 to;. Brazilian, 831 to 44. Dutch Two-nod-a-Hall per
Cents., 181 to 9, the Fours, 901 to 11.
Forel ;a exchange was all higher, with more bills, but
money short supply. On Amsterdam, the negotiations
were 12.71 to 4 ; ou Rotterdam, 12.31 to 4/ ; on Antwerp,
24.80 to 85 ; on Hamburg, 13.91 to 101 ; on Frankfort, 1261
to 1 ; on Paris, 25.50 to 8.5; on Vienna. 10.1 to 2 ' • on Leg-
horn, 30 30 to 35 ; on Naples, 401 ; on Madrid, 3611 to ; all
at three months. On Lisboa, at 60 days. 53/.
The more immediate cause of the co-tinned decline and
the heavy state of fune/ed values transpired in the course of
the day. The Bnale has followed up the restrictive course
before adopted with the discount houses bye more significant
demonstration still. Yesterday and today it threw out large
amounts of bills sent in for discount by come of the leading
capitalists and firms connected with exchange operations.
It was stated that, in the case of cue house alone, out
of a parcel of bills sent in, to the extent of 420,0001.,
no mom than 90,0001. was admitted to discount.
It may be prsper to observe, in order to prevent
misconcepth o, that, in a position of affairs like the present,
the fact of bills being refused at the Bank, beyond a certain
amount determined, must not be understood to reflect any
discredit upon or convey any imputation unfavourable to
the high star ding of, the parties on negotiation. It is the
result of a certain line of action resolved upon at the Bank,
which is carried into effect irrespective of persons and station,
so far as classes of money dealers. The object of the Bank
palpably is to reedzain, as far as possible, the export of specie
and billion, ar d to maintain or strengthen its banking reserve.
The 'great de dam and drawers in foreign exchange are
precisely the agents by whom, and through whose intro-
mission, metalie as well as bill operations are conducted.
They are—it in an essential portion of their business—the
great exporters or importers of gold and silver on occasions
of such derangement in exchanges here or elsewhere as I
must necessanly follow when, from whatever cause, the
usual current of commercial transactions is disturbed, and
the balance-she ets of trade complicated or reversed.
Whether the movement of the Bank will successfully
attain the end in view remains to be verified, and
may perhaps admit of question. For the stoppage
of one outlet, supposing it could be !topped, will do
little to stay the outflow through other quartsn.
The present result of Bank restrictive action has evi-
dently been to foree sales of stock. Some of the capital-
ists whose lino of discounts has been limited have
sold stock to raise the funds denied them upon bills. With
the proceeds in ban::-notes in hand, they can demand sore.
reigns in proportion at the Bank, or purchase bullion from
it at its invariable selling price. The gold will go there-
fore in spite of the Bank, so long as its export shall be pro-
fitable. _ _

It dies not follow from the premises, however, that the
Bank policy is wrong, in the sense of, and with a view, to its
own interest and protection. The directors are exert.
ing themselves only with all seal and diligence to
steer clear of the pitfalls made fee them by Peel's
crotchetty legislation. They are making the acquisition ef
Bold more costly to the exporters at any rate, and so knew
tag the temptations of high profits. For, being denied
discounts at 4 per cent., the exporting capitalists tied it
necessary to raise funds by selling, e.sy Consols, at 8$ at
below, which most pro' ably cost 4 or 5 per cent. Rafts.
Their exchange operations completed by the transmission et
hard money so procured, they may have to pay 4 or 6 per ,
cent. higher than the sale price to replace their stock here.
after.
But what a position for a great national bank to be placed
in ! Compelled to descend to such miserable alternatiees of
calculating what interest in turn can best and meat effec-
tually be sacrificed to ensure its own safety. As affairs at
ofe: progress, the turn of the banking and commercial
ts may come next t be thrown overboari, as the
Reim mother fa the last extremity delivered her only son
to the pursuing wolves. The fortunes of this great empire
are actually made contingent, by Peel's currency bills, upon
the possession under locks, bolts, and bars, of some millions
rd idle golden treasure in the l'auk of England.
An eminent house in the Co y was observed to be a consi-
derable seller of bills at short cm Paris to-day. Opinion was
divided as to the intent of the of eration. By some parties it
was conceived to be on account, in part repayment, of the
advance made through third parties, but virtually by the Bank
of England to the Bank of France. This version is, how-
ever, scarcely reconcilable with the fact stated with some
authority, that bills on a drawn.; credit upon St. Peters-
bu:g bare already been lodged by the French Bank to ISM
. . .