The Express.
London, England, 1851-09-06 00:00:00

N as 1 30 20
IN 33 1 94 10

PARIS, Parr. S.

931.

Clodne.

seas
0430

3 per Ceuta.
3 per Cent,.
4 per Cents.
4, do. New Loaa
3 per 0-nta.
Exchange ea Lewd= : at slant,.._ 10; 90 days, 14
Belem, 3, 1810 — Mosey. Naples tirade
Du 5, 184 — ... Ronda Loan, 11131 .. 74
Do. 4
Do. 2
Piedmont Ip. Ceuta. 30 13 ... Bank Shard
PARIS, SEPT. 6.—St. Gcnnain • Versals* (right
Immo, dt 75 ; ditto (left twat), 211 33 ; kris and Orleans, 470; Parte
and ft,uen. des ; Rouen and !lade, 331 71; Mared)las sad Ada-
ao 393; Ntraahourg and Bala, 131 33; Orme, 430; Pulaga• wad
AWen., 260; Orleana awl Boptcaux,l3l3 23 ; Northern, 461 23; Pada
and .tr.whourg, 357 30; Tout mad Names, —; Montereas sad
Tread, 110.
ViuNNA' Sere. 4. Five per Cent. Metalliqucs, 96k;
Bank Shares, 1240 ; Exchange on London. 12.

MADRID, Aug. 27, 1851.
Finance Ministry,—The communication dated yesterdal
which you were pleased to address me, giving me notice ul
the result of the meeting held by the Spanish bondholder!
in London on the 19th instant, has confirmed the news 1
already had.
Her Majesty's government anticipated this result, know-
ing the good sense of the creditors, who could got fail to
convince themselves that if the law of the lot of the present
month restricted in part their hopes, it was not caused by
the want of desire, but that solely a positive and absolute
impossibility opposed their wishes.
The government will instruct the delegates who are to be
named for the conversion and payment of the debt abroad,
that they arc to contribute as far as it is in their power to
the execution of that which the bondholders and their re-
spective committees will stipulate and agree.
The actual and any succeeding government will only re-
-1 spect themselves in the exact fulfilment of the law, but up-
holding at the same time their decorum, mid always
guarding and defending as they ought the honour and
rights of the nation and the Queen.
This is what 1 have to manifest to you in answer to your
above-mentioned communication. God preserve you many
years. (Signed) Just( BRAVO McatiLo.
Daniel Weisweiller, Esq.
In the market for foreign exchanges yesterday a
considerable rise took place,which was most marked in
Amsterdam, Hamburg, Vienna, and Trieste. Paris
was the only exception, being in tolerable demand,
and no paper being pressed on the market, the quo-
tation ruled the same as last post, or even a shade
lower. Short Paris was negotiated at 26.71 to 10;
ditto three months, at 23.27 to 30. Amsterdam
was very heavy, and only few buyers could be found
at considerably higher rates; it closed 11.19 to 19?,,
much paper remaining over. Htunburg experienced a
similar fluctuation. A large firm buying above 13,0001.
at 13.51 and kept the price down at the beginning,
but after the completion of the purchase, more sellers
came in, and the rate closed 13.9 to 9t. Bills on
Italy were likewise much higher, in sympathy with
the general tendency. Frankfort, St. Petersburg,
Spain, and Portugal, were not affected, and main-
tained previous rates, but Vienna and Trieste rose
considerably, the exchange coining 7 kreutzers
higher from the other side. 'f he reason assigned for
the upward movement on 'Change is the scarcity of
bills on London on the continental exchanges, and
consequently an anticipation of higher rates. The
prices negotiated are as follows :
Time.

Pro Priors negotiated.
s TO
Anstkvdank pert Rbort 114. Ilatv. ... Ilfl. Misty.
Ditto
Rotterdam
VI lit 191 ill.• .. IN. 1911dr.
daastaug and Altana " 13... a. 9 rebl. 13mea. 9.rala.
Vraakfart-aatae-Malaa „„ " 1191t1, Okr. .. 119;1.
VIMIIISI

Tricot.
MP
Antwerp
r

Emma . ...„ ; ~ 25tr. 27. e. ... 23 fr. 32te.
Gbeat . ...„..„ ...... „ „ „ :Mr. 774 a. ... 237 r. 3he.
Paris „ Short 23fr. 74e. ... 231 r. 10c.
Unt0...._..„ .. 3 Ilcisths2ifr. 274 e. ... 23fr. Me.
Mere .
Hardeatan7,.. .. ............„ .. .. 23fr. 270. ... 23fr. 324 c.
Lyons..
Marseilles. -- „ „ 25fr. 27 eh.... 251 r. 32 ets.
Ursa&
Leghorn

CRAA- X 15a21.
per OUCIi „ 44. j Noce ... 41 pence
.......» per ounce „ 122/ oenee .. 123 pence
123 1231

Mr. 80c0.

„ peace ... 123 pence
Madrid per do u „ 49j pence ... 50 pence
Cedes „ „ 50 pence ... pence
Gibraltar 491 pence ... 49j pence
Seville ..... „ „ e9l pence ... pence
acrceelow..— 494 pence ... 491 peace
Ll•bon te .
per unfree „ 33e pet= .. 53f pence
Oporto...
St. Pettesbanie .. per ruble „ 3;i pence 3..fe pence

Bullion is quoted the same as on Tuesday, but the
prices are merely nominal.
_ .

The price of gold yesterday at Paris was 4 per
mine discount (new tariff rate), which, at the Eng-
lish mint price of 3!. 17s. 101 d. per ounce for
standard gold, gives an exchange of 25.07, and the
exchange at Paris on London at short being 23.10, it
follows that gold is about 0.119 per cent. dearer in
London than in Paris.

By last advice% the price of gold at Ham-
burg is 4261 per mare, which, at the English Mint
price
of V. 17s. 101 d. per oz. for standard gold,
gives an exchange of 13.31, and the exchange at
Hamburg on London at short being 13.6, it follows
that gold is 0.117 per cont. dearer in London than in
Hamburg.
By last accounts the course of exchange at New
York on London, for bills at 60 days sight, is 110
per cent., and the par of exchange between England
and America being 109 23.40 per cent., it follows
that the exchange is nominally 0.42 per cent. in
favour of England. Upon taking into consideration
the difference of interest and charges of transport wo
find that the present rate leaves scarcely any
profit on the importation of gold from the United
States.

While the exchange in London on Paris has fallen,
the exchange at Paris on London has risen 2f cen-
times, being quoted 23f. 10c. at short, and 24f. 921 c.
at 90 days. Bullion was unchanged yesterday, and
the stock market rather better. _ I

The sugar returns have been much discussed to-
day. The quantities we gave yesterday were ob-
tained by reckoning molasses as unrefined sugar and
including refined, and showed an increase of 3 per
cent. on the seven months. Reducing the figures to
tons, the quantities are as follows :
1849
204,662
211,404

--
1851

Increase 6,742, or 31 per cent.
' As some exception may be made to these figures
because the molasses are unreduced, we take the op-
portunity of giving the figures with the molasses
reduced, and showing the consumption for the twelve
months of each year, which has been furnished to
us by an eminent practical authority. This table

The stock of bullion is shown to be undergoing a
steady and continuous augmentation—a considera-
tion which is the more satisfactory at a season when
a more than ordinary demand for cash is experienced
in connexion with agricultural and other operations.
The inference to be drawn from the returns of this
institution and those of the Hoard of Trade (to the
satisfactory features presented by which we have
already drawn attention) is that the trade of the
country is well balanced and in a sound condition.
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 23rd of August last, was
3,216,1741. ; in the week preceding. the amount was
3,247,898/. There is consequently a decrease of
31,7241.

The note circulation of the joint-stock banks
during the same week was 2,567,329/., and the pre-
vious week's return being 2,59:3,651G, the decrease is
shown to be 26,3221.
On taking into consideration the active circulation
of the Bank of England, which in the week in ques-
tion was 19,745,1501. (being 386,3351. less than the
week preceding), we find the aggregate note circula-
tion of England and Wales to be 25,528,653/., which
shows on balance a decrease of 444,3811. as compared
with the returns for the previous week, ending the
16th of August.
As regards the fixed issues, the private banks were
1,490,5011., and the joint-stock banks 842,6581., be-
low the amount authorised to be issued, making a
, total of 2,333,1591. below the fixed amount.
ENCILI6II FUN I/S.—Teis DAT.
Rant Stock. 21616 Long Asnultles. 71
3 per CL Reduce& 571 1 In.ila rtn•ck,2B.l 2
3 per Ct. Consols, 961 160.0 ti0n.15.1,0001., 494.510. pa
34 per CL Consols, 551 9 Eschequer pen
Consuls for Acct.. 961 tl
NOBEIG
44 per CL Belelsn, 93 5
5 %.c.4..ltraLlis4 91 3
per Cl. Leo. Arm. 641 6
per CO. Chelan, 104
3 per Cl. Chlllan. 64 6
3 per Ct. Danish. 77
21 per Ct. Oaten, 551 60
1 per Ct. Dutch, 921 34
per CL 3t!
I per CL (Jumada, 1116
Stsrdlnlan

FUNDS.
5 per CL Nre fl di
3 per CL Peruvian, de 1
Lilt, Deferral, 43
5 per Ct. Portuguve, 17 9
5 per Ct. Mutes% 111 1.13
4i per CL Rumba, img 114
5 ver Anita, WI I di
3 per Ot. Ppialdt,l7f
Do. Pazsive, 51 t
2) per CL Venezuela. 29 31
Do. Deferred, 10i 11l
rip, 9 11 dla