The Express.
London, England, 1847-09-15 00:00:00

of the markets were BE4 to} for money, and 86; to
for the account. Exchequer Bills hit off 2*. to ss. pm.
The foreign securities were in no case lively. Mexi-
can stork declined a little, owing to the new feature
which has presented itself, with regard to the dis-
turbed affiurs of the republic, in the reappearance on
its shores of General Paredes, whose ollject is too
little understood to enable parties here to judge whe-
ther his presence is likely to lead to an early termina-
tion of the war, or the contrary. The last price
marked for it was 191 tot. Spanish Stock was also
less favourably held, the influence of the home secu-
rities having bad a pretty general operation on the
value of other things. The Eve per Cents. closed at
201, the Threes at 30 ; Russian, 107 to 8; the Four
per Cent. Dutch Certificates, 871.
The information brought by the Cambria steamer,
from New York was considered the most welcome
that has coma from the same quarter for a long time
past. The liminess doing in manufactured goods was
by no means trifling, and the prices obtained were
satisfactory. Flour was held with much steadiness,
in spite of the bad accounts from England. The
reason of this was that the supply of the year, for all
purposes, was not so large as had been imagined.
The exchange on England had risen to a point that
portended the return of much of the gold that has
gone out from this country. Some of the letters quote
the rate 8 to Eti per scut. premium ; but it must be I
observed that a good deal of this improvement had
arisen in consequence of the extensive dishonour of
American paper in England, which the credit of the
remitters would require should be replaced. The de-
mand for this purpose must have been very large, as
it will continue to be, so that it is hardly too much to
believe in the possibility, suggested in some well-
informed quarterk of a further advance to 10 per cent.
premium. At this charge for bills, the shipment of
specie would be a more business-like and profitable
operation. The orders for goods which have come
forward by this opportunity are understood to be of
some amount

A demand for wheat and flour has again sprung up
in our market for French account, and holaers could
readily dispose of their stocks, though not at fully
their own prices. They will, of course, be much as-
sisted by thia demand, which had been in a great
measure unlocked for.

The reports of the morning as to failures, proved,
in one instance, we are sorry to say, very far from
groundless. Unfounded allusions were made to
partirs of undoubted solidity, but a house of high
eminence in the bill discounting business, namely,
that of Messrs. Sanderson and Co., was declared late
in the day to have been unable to meet its engage-
ments, and the effects of such an event may be ex-
pected to be of the most serious importance to the
trading community. The firm was second only to
one of the same class in the city of London, and, by its
suspension, the resources of a numerous body of
clients or customers will have been suddenly and
most inopportunely cut off. By this large establish-
ment enormous money transactions have been carried
on with merchants, country bankers, and others,
both as borrowers and lenders, and what may
be the extent of its liabilities, and who may be
its debtors and creditors, it is impossible at present to
assert with the smallest approach to accuracy.
Messrs. Denny, of Glasgow, and Messrs. A. A.
Gower, Nephews, and Co., are said to be among the
more considerable debtors.

The reports of forgeries have been much exag-
gerated. There is a trifling affair of this kind on
hand, bet it is quite a local one.
The steamer has brought more of the bills of
Messrs. Prime, Ward, and Co., of New York, which
we have the best authority for stating arc what
bankers term " perfectly in order."
The foreign exchanges were, upon the whole,
lower than on lest post day. Amsterdam, 12.41
to 1 ; Antwerp, 23.80 to 5; Hamburg, 13.121 to 1 ;
Frankfort, 1211 to 2f; Paris, 25.671 to 5; Ditto
(short), 23.30 to 71 ; Vienna, 10.4 to 6 ; Lghorn,
30.70 to S ; Messina, 1211; Cadiz, 49 to 1 ; Oporto,
53i to 1 ; Lisbon, 53.
A letter from Frankfort-on-the-Maine, dated the
Ist inst., inserted in the Dutch papers, says :
M. Schapper, postmaster-general of Prussia, and M. the
Baron Noell de Nollendorf, member of the Lilt Chamber
of Austria, who are travelling together in Germany, charged
with the mission of pre paring the way to a postal reform,
have already had interviews with the governments of Ba-
varia, Saxony, the grand duchy of Baden, and with the two
grand duchies of Hesse, and they arrived yesterday at
Frankfort. It is confidently stated that the abject' with
which the+ are entrusted, in regard to the general re-organi.
motion of the postal services of Gtrmany, have received the
approbation of all the governments to which they have, thus
far, presented themselves, and that the postal congress will
be held, in the course of the ensuing month, either at
Munich or Dresden.
MEXICAN BONDS.—Consulate of Mexico, 3, Win-
chester-building., Sept: 13, 1847.—Sie—His Excellency the
Mexican Minister at this Court has addressed me a letter, of
which the accompanying is a copy, and I shall feel obliged if
you will insert it in your widely-circulated paper for the in-
formation of those who are interested in ita contents.—
I remain, sir, your most obedient servant, JOSE M. MENDOZA.
[TitxtveLeviort.)—Mexican Legation at the Court of her
Bntannic Majesty, London, Sept. 10, 1847.—From the
Foreign Affairs and Finance of tho Mexican republic
I have received instructions and orders relating to
the debt contracted by Mexico in the city of London, of
which it is necessary to give notice to the public, and they
from results the following: 1. The conversion agreed e
on the 4th of June, 1846, between the bondholders awl the
Mexican minister of that period, approved of on the 29th of
October, 1846, and relative to the eld claims of the Mexican
debt, known by the names of "active" and "deferred,"
has been ratified en the '2oth of July, of the present year,
by the Mexican government. The bonds which constitute
the consolidated fund, amounting to 10,200,6601., remain
exclusively destined to the fulfilment of the said conversion,
and thereby the active and deferred debt is reduced to this
amount.-2. The fund created by decree of the 28th of July,
1843, ratified for the first time on the 15th of Dec., of the
same year, and, for the second time, on the 26th Jan., 1844,
has been so, lastly, by an order of the 27th July, of the present
year. These bonds have been signed by me in virtue of the
said order, and delivered to the agentof the republic in Lon.
don, in order that they may, by order of the legation, be re-
turned to the several parties interested, who have before
proved to having purchased them. The amount is :00,0001.
—3. There are deposited in the Bank of England, under the
title of reserved funds, bonds of the Mexican debt, which are
again placed under my charge, with the injunction that none
of them be permitted-to be withdrawn without my know-
ledge and approval; and that they be held at the disposal
tithe government of Mexico, to make of them the use to
which they were destined, when the time arrived for its
fulfilment. The amount of these is 470,6001. It results,
therefore, that the valuation by Mexico altogether amounts
to the sum of 10,912,2601., and their classes are already spe-
cified. Agreeably to the instructions and order, which the
legation has received, a complete knowledge of all the fore-
going has been given to hip excellency the minister of foreign
affairs of her Britannic Majesty, and you will acquaint the
public within the limits of your consulate with the informa-
tion contained in this communication. I have the honour to
offer you the assurances of my esteem. J. M. L. Mona.—
General Jose M. Mendota, Mexican Consul in London.
ENGLISH FUNDS.
Bank Stock. shut Long Anna.. Jan. 5, 18d0, Si 13.16
3 tra Ct. Itedeord Anaa.ahutz 564 India stuck,
3 rir Ct. Cosa Lam,, 161 i Litto liuod.,
New 31 par Ct. Aura, shot, 614 i Conerik. for Arm, 871 10,E 761
Lurid Alum.. cop. Jams. 4.l*C3hst EL lOU., Elptd, 3d., 52 6 so.
Diltoui3o Year', exp. Oct. 10. 1566, Eittt:oo:

5 pa Ct. Braman. Hood;.
IperP" C re= 1"."1146,
Split, Acct. Sept: 30,
per RIMINI Ikeda,
6 I LPL.

11
b par Cl firanigh !loads, Dlr. from
Nov., Is•W,
5 per C. Sininthi Native Oda, f
Ditto, Deferred. 131
3 pee Ct. Spitobli WWI, 30
4 per 01. Latvia Oartlikatts.

NICHANCIDO AN]

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Ps Mew..