The Express.
London, England, 1848-05-22 00:00:00

540 LONDON. MONDAY, MAY 22, 1848.

WEST INDIES AND MEXICO.

By the arrival of the steamer Avon, Capt. Hut,
Lieut. J. Ray, Admiralty Agent, at South-
ampton, this morning, we have accounts from
Mexioo and the West Indies to the following dates:
Honduras, 10:h; Tampico, 13th; Vera Cruz and St.
Jago de Cuba, 10th; Demerara, 19th; Trinidad
and Jamaica, 21st; Grenada. 23rd; Havana, 27th;
Barbedoes, 29th ; and Martinique, 30th of April ;
St. Thomas, 2nd, and Bermuda, 7th May. The
Avon brings on freight 312,272 dollars from Mexico
on merchants' account, 209 'oz. gold dust, 21,311 oz.
silver, 7,7671. British coin, and 427 'trona of oochineal.
the state of matters in Jamaica continues
much depressed. At a public meeting, held
at Kingston on the 20th April, it was resolved
that the measures proposed by the British
government for the relief of the colonies are altoge-
ther insufficient to restore the confidence of the
capitalists, or sustain the cultivation of the soil.
fhe intelligence from Mexico is not of a deci-
sive character. Mr. Cliff ird, the American Commis-
sioner, had reached the capital ; and Mr. Servier, the
prospective Minister Plenipotentiary. was on the road
from Vera Cruz, and hourly expected to join Mr.
Clifford, and exchange the ratification of the treaty.
By the last accounts received by the courier of the
British legation at Vera Cruz, they had not yet been
able to complete a quorum at Queretero, but it was
believed, that this would be effected by the 25th of
April, and that notwithstanding the dissatis-
faction felt by the Mexican government,
at the modifications made by the American
senate to the treaty, its ratification will be
authorised by the Mexican Congress. Is the mean
time, vast importations of European and American
merchandise were taking place at, Vera Cruz, in anti-
cipation of the peace, and with the object of taking
advantage of the American, over the very probable
re-establishment of the Mexican tariff.
There is most disastrous intelligence from the
peninsula of Yucatan. The native Indians of that
province, by the last accounts, were still de.troying,
with unrelenting ferocity, the whole white population,
man, woman, and child. The authorities had applied
to the British, American, and Spanish authorities
at Cuba ; but as what they chiefly wanted was a
military force, and that force could not be promptly
given, it is much to be feared that by this time the
Indian population will have regaintd all that the
Spaniards bad taken from them three centuries ago.
There is evidently, on the part of the American
army and residents, a strong disinclination to ri
tin-
quish the grasp they had on the country, and it will
require no little effort on the part of the American
Government to reconcile them to it.

[THREEPENCE

COMMERCIAL 4 MARKETS.

MONEY MARKET & CITY INTELLIGENCE.
Two o'Clock. —We have a very quiet market,
and the jobbers are much more actively engaged in
making their arrangements for the Derby than
with the funds. We quote Consols almost without
variation during the morning, at 844 to 1, money and
time. K duoed Threes are 821 to 1. Three-and-a-
Quarter per Cents., 831 to 1. Exchequer Bills, 435.
to 475. premium. Bank Stock, 190 to 2.
In foreign stock also we have scarcely any change
to report, priers being nearly as before, with very
little business. Spanish Fives, 121 to ,1 ; the Threes,
221 to 3; Passive 31 to 1. Portuguese, 17 to 18.
Mexican, 151 to /. New Grenada, 10 to 12. Bra-
zilian, 67 to 70. Peruvian, 35 to 7. Dutch Two-and-
a-Half per Cents, 41 to 3; the Fours, 60 to 62. Rus-
sian, 85 to 8.

We
have Buenos Apes papers to the sth of March,
by the Swift packet. The only matter of interest
they contain is a part of the message of General
Rona to the legislature on opening the session. He
states, in respect of finance, that the expenditure of
the past year had been lees by 2.606,568 dollars
than the sum voted. He calculates, also, that
the amount of the deficit of the present
year, according to the budget to be laid before
the body, would be 11,930,000 dollars lees than
that of last year. Exchange on England was 2d. to
' 2,;(1. Business of all kind, extremely dull, except in
ordinary washed wools, for which there was a great
demand.

The Belgian government have issued a decree, of
SA extraordinary purport, and which sonnet fail most
assuredly to cause very considerable prejudice to the
exportation of the cotton fabrics of Lancashire.
It is enacted by this decree that, from the Ist of June
to the let of September, with a saving clause for pro-
rogation, a premium of 10 per cent on the value
shall be allowed on the exportation for countries
out of Europe of all cotton manufactures, grey,
blemhed, or printed. The valuation of the goods
so to be admitted to bounty is to be made by a com-
mission of " exports," to be named by the Minister of
the Interior, and residing in Brussels. The intend-
ing exporter must forward patterns in duplicate
of the fabrics designed for shipment. Various
necessary precautions and formalities are to be
observed, in order to provide for the goods being of
native production. For this end, a certificate of
origin is primarily to be delivered by the burgomaster
of the locality where the fabrics have been prepared.
The payment of the premium, on fulfilment of the
necessary conditions, is to bi made by the government
within one month after shipment; but the bounty
will not be accorded for any expedition of fabrics of
leas value than one thousand francs.