The Express.
London, England, 1847-12-17 00:00:00

EXPRESS FROM PARIS.

Oar Paris express has arrived with letters and
papers of yesterday (Thursday).
be reform az eta continue to oceupy a large
space in the journals
Pese Bomm Dec. 16. Por M Lem, 76 33. Tbres
par COML. 73 10; Reed 116 35; Flys (IMO, 971:
Naptee Rents, 101 33. Mom Lem 97. Magary Boede, 11l 33.
Bank (Mum 3,313. Exelteare m Landon (dibt`„ 25

The Madrid Mails, of the I I th, have arrived. The
journals and oesseepoodence are almost exclusively
isespisi with the debates in the chambers. There is
no news drama interest.
We have letters from varions parts of Italy : from
Turin to the 11th, Leghorn to the 10th, and Rome
and Naples to the Bth. The Sardinian government
is proceeding steadily with reform.
The arrangement we have already reported as
having been agreed on between Tuscany and Mo-
dena, under the arbitration of the Pope and the
King of Sardinia, has been carried into effect.
The correspondence from Berne to the 12th has
been received. The Diet had resolved on the farther
reduction of the army raised for the purposes of the
late war. The elections of the members of the new
grand councils of the cantons of Fribourg and Lucerne
bad been completed. The great majority of these
were understood to be on the liberal side. There is,
however, an intermixture of conservatives. These
bodies were to meet on the 18th to appoint the can-
tonal governments and the delegates to the Diet.
- -

ltaoruo- BOIL, Doc. Tkree per Costa., 27f 50 days, af asp;
Four pa. Onus. IS awn; Fla per Cana, 151 to 2.16 ern ; Yuan.,
If 41L ask. Bank at 134. Ferdinand, 123. notoinaL Bank of
et.trada, 125 papa. &Asap on Laden, 44 20.100.

COMMERCIAL ef MARKETS.

' MONEY MARKET & CITY INTELLIGENCE.
Two o'Clock.—The news from the United States
by the Acadia steamer, generally favourable as it In
commercially, and, in the monetary view of large
specie remittances Uen:lit by that vessel, emil
advised as coming by others, remarkably so, hen
somewhat singularly been followed by a dspesaira
of prices in the stock market. In feet, beer-
ever, as remarked on other ocomeces, Pk fa
I not always that external circumst mime of
grave importance, exercise any decided'as
the funds. The possible action is frequently ooun-
tweeted or neutralised by the course of events and
liminess, or say, also, the state of the account itself, on
the Stock Exchange. Thus it has sufficed for
some sales of Reduced Threes by the Bank broker,
be the Savings Banks, as said, to create a decline in
fended values, although the sale operations are under-
good merely to refer to an exchange of securities,
as the Bank broker laid out the amount sold of
Reduced in the purchase of Exchequer Bills for
the same account. Such an exchange transaction,
at the present quotations of the bills
an interest of 4i, may be regarded as an im=
and more profitable investment of the funds of
the institutions referred to. There is a gain in in-
terest of about 1 per cent., allowing even for the
small premium paid for the Exchequer Bills.
Consols opened at 851 to for coconut, but from
the causes assigned declined to, and now are, 85 to
Reduced Threes to 841 to 1. Three-and- a-Quarter
per Cents., to 86 to 4.
Mexican have not improved upon the complexion
of the intelligence brought by the Acadia. They are
now down to 171 to 18. Is other foreign securities
we have no change. Spanish Fives are 141 to the
Threes, at 281 to 9; Dutch. Two-and-a-Half per
Cents., 55 to I ; the Fours, 84 to 5.
The advices from Frankfort, of the 11th inst., still
import declining prices of all securities, and a heavy
market.
The Hamburg steamer is just reported, letters and
papers not yet delivered. She brings about 7,3001.
in gold. Bullion and specie may be said to keep
pouring in, and the Bank treasury would seem to be
filling to overflow. The Acadia is reported
to bring 80,000 sovereigns •, and the Roach:is packet,
following to Liverpool, 20,000 more, from New
York, where more remittances were preparing, and
only delayed,it was said, by the difficulty of obtaining
win of the legal weight. Exchange at New York at
101 nominal premium, although leaving little or no
profit on the remittance of sovereigns, would rather
encourage it as a more secure medium than bills.
Some failures in the United States come reported
by, the Acadia. Among them, Horace Gray
and Company, iron-manufacturers, pf Boston,
for 400,000 dollars; John Bellows, jun., of
_ .
- ()lathing, -

.....s ;
New Orleans, dealer in ready-made ...._—..g, for
100,000 ; a silk house in Charleston, South Carolina,
for 80,000; a grails and flour dealer in Albany, for
150,000 ; Metz and Pollitz, German merchants, Now
York, for 200,000 dollars.

INOLIBB FUNDS.
Bank Block. 186 f Be 3jor Cl Cone. for A.a. 34 i
3 per Ct. Red Anna, bin j 3 pae Coate., 66 IL
3 per Cl Oone. Lanni Oat 7 to 10a p.
FORM 17
rCI Austrian Berk 91 6 loper Bd., 18 18
per Cl Bele. Boma, U 81
ter Cent. ditto, 6 per Pi edam 31111 18
mr Ct. Brannan Bila, 70 11 I gar OL Pamir ,26 n
6 Ditto New, 76 II Pentagons Oaay. 23 3
6 par Ct BOOM ArNa '&426 30 f ri.t.0‘;4,.. Itaelan 106 7
Ditto Mil& Dila,* 12
Ditto Colasb. Dal Bea. 3 per Ct.=
ColamblanDitlit p. 7 4 Bp World fli
3 per Ct.
26 per Ca Duni .46 2 2 pa. Ct. Veneto& Pk 34 6
4 pee Cl. 04rte. Dinah, 64 6 vearatiela Deferred Poe:, 9 11

RAILWAYS.—Shares
and depressed, more esp
Guaranteed lines, however,
value, and are in consideral
SALES EFFECTED OP TO TN
(Yestanirs prior will
Mr. MA O&M& 7a.,114
Be., Weber, k Dudley, 111
CalakaLs,
It. Oommilag,ti
Do. Eat. No. , par p
Do. No. i
Do. if & E., 504 SS
. Ilmissisha, 114 II
Exeter Yeovil. &
05. B. ✓ic W. (Deland),

generally maths= heavy
pecially Eastern Counties.
maintain their previous
lble demand.
'WO THIN DAT IN LONDON.
II be fazed in lost pan.)
N. Britioh Raver, 111
Do. Quarter.. 4$ a
Do. Thirds, ii
N. BtaDortiokire, 71 7
Shrews. A Chas. ;or OL PtoL,
74
Ektroprhire 17nion, 11
P. Footer• A Dover, Ws 1, 164
Do. Mao, No. 4, 1111
York, Nook, A Demi*, Ilk