The Express.
London, England, 1848-03-17 00:00:00

SHIPPING.

MAILS ARLlTED.—llublis, 3; Waterford, I; Donagha-
dee, 1; Guernsey and Jamey, 1; French, 1 ; Flanders, I.
Lownow March 17.—Wind this day at aeon, 5.5.8.,
moderate breeze, and dull hazy weather, with rain.
DILL, March 16.—N.W.; rat., E.N.E.—Arrived from
the river and sailed: Marion, Trinidad; Brothers, St.
Thomas's; Northumberland, New York; Harriet, New-
foundlar.d. Sailed : Sueflower, Honduras.
Orr DUNGENESS, March 12.—Don Alfonso, Rio Janeiro
for }Lim burg.
PLYMOUTH, March Glaphyra, St.
Hitt's.

Much 15.—The Keying (Chinese junk), Boston
to London, was boarded, off the coast of France, and brought
in here to-day, with loss of boats, sails, and one man over-
board.

CARMPP, March 16 —The Neptune, of Jersey, lying in
the Bute Dock, laden with steam coal, blew up this morning;
main -deck and beams, from the mainmast to the poop, are
totally destroyed ; cabin shattered, sternpoot and poop
started, with other considerable damage.

COMMERCIAL MARKETS.

MONEY MARKET & CITY INTELLIGENCE.
Tleo o'clock.—The formal suspension of specie pay-
ments by the Bank of France has not taken City
capitalists by surprise. It has been looked upon as
inevitable for the last week. It is impossible
to contemplate the consequences which can hardly
fail to ensile in France and elsewhere without the
deepest alarm. The run for hard money, it is now
t.,nred, will not be confined to France.PFaith in paper
money being once shaken on the Continent, the de-
mand for specie and bullion may become universal.
It has been noticed already that gold has been ship-
ping from hence to some extent to Belgium, and it is
to be feared that the demand will not be limited
to that part of the Continent alone. From
Paris, the commercial advices come worse
day by day. This morning we have the failure
announced of the respectable firm of Charles Lebeuf
and Co. The confusion of credit there, according to
partieelwho havejust arrived is indescribable. Our stocks
are nevertheless not affected, and at the present mo-
ment they may be looked upon as the mainstay of
European credit. Console are 80; to 1, and eowithin
a shade have been all morning. Exchequer Bills,
275. to 30s. premium.
Our foreign market remains without alteration,
heavy, and with prices nominal. Spanish Fives, 11;
to 121 ; the 'lhrees,22 to 3 ; Passive, 3to 1. Portu-
guese, 14 to 16. Mexican, 141 to 13. Peruvian, 23
to 5. Dutch Two-and-a-Half per Cents., 42 to 4; the
Fours, 62 to 5. Russian, 88 to 92.

, .
Pont ?elect, obut ! 3 ler Ct. Con. for Ac , S 1
3 par Ct. Bed. Anna., .but I 02 par Cent,. lot
3 per CI. Coos. Asa/. 04 1 kac'ocouaristilo, o7s. to 301. prem.
FORIOION FUND&
6 per Ct. AuOrkee Benda, 1 per Cast Oreusda Edo., 16 17
44 peg Ct. Belo. Rood +. 73 7 Gonads Deferred 8d.., 3 4
22 per Cost. ditto, n 6 0 per Ct Mexican. IMO, 142 16
0 scr Cl. Peruriers /011., 334 6 rittoCt.Nßros,...
nileas Edo., 72 7
Portuguese Coro. Ede.. 14 14
I per Ct Boom Afro Edo, 26 30 i per Ct Moo PI 1. Bd., 2
Ditto Cbillas Brio. /5 PO Ditto ErpeoPh Mo., lte 123
0.180 C,olumb. Def. Els., 3 per Ct. eSorools 114 s, 22 3
Colon:Plea Lquarior DO, 114 i SAWA. Deferred Edo.,
3 per Ct. lOWA Edo, 70 4 Dittor, Pont.. Edo, 3 2
ti per Ct. Dot* E1d5.,42 1 Ct. Pommies 800, 3
4 evr Ct. Dutce Gene., 425 !pe Vesersela Deterred /145.. 24
I 0

PRODUCE.— MINCINO-lANII, Half-petal Two.—
The quantity of Sugar offered is the public sale' to-day,
say 2,000 bags Mauritius. 11,000 hags Bengal, and 100 hhda.
West India, much exceeds the demand, and tlicy are pro-
gressing heavily. Refined steady; standard quaMty, 63a. 6d.
Coffee : A considerable portion of the 1,000 begs
plantation Ceylon offered in public sale was with-
drawn, :or want of buyers at previous rates.—
Saltpetre 2,500 ibms ' were offered in public sale, and
went off without ,pint, although prices were about sustained.
—Refraction 7{ to 10, 32.1. to 3'2a. 61; refraction 3:to 6,33 e. to
335. 6d.—Spices steady.—Cotton doll.—Rum, steady in price,
bet very little done in the article.—Tea: The sale is progress-
ing in the same depressed state so yesterday.—ln other
articles no alteration.

RAILWAYS.—The market is rather quiet this day,
there being an absence of buyers on the part of the pub-
lic, from the idea which prevails that property in rail-
ways must yet decline. We have York and Newcastle