The Express.
London, England, 1850-03-19 00:00:00

MONEY MARKET.

p a/
trT.l

I Some m:•soderstanding haring arisen front do us a
sal; ..e 10140/1 houses" is the bwlding prooreerms
• y tr. mum ',Mawr., they lammed only to Iwo emelt
••• loe riquircd for tak,n.r money at ths dear., die-
-1:; vino, eatoloou., sad coadzetin the
r • ..ro. 0, 1 es olabition, and not Oakes for the 0.1.
ctoiSited. Vl* &lint or the exhibition iA the
.y of t e tr:ic'as futsade 1 to be inhibited, and not
..,TAbC!..A of c)motereial humors, ; and the clam's.
r cta tteNf re giro n farina*, for the sale of artleite,
• tte transaction of bullets oosnosted therewith.
id rad) J. Scorn 'tossing..
STAFFORD H. NUSTRFOTF.,

iN73 of BELGRAVIA aad Cazuza are

- - ••••••••••
71; Itlf.g hf e I ay Figgie la.:et/as, r eapport of the rest
Ctier.....`r.reed by Priam, Albert. The 111(111111-
4.241 uldtd to the rigehittos clamber above 600,
v. sat t 111.13 %7,pear the names of the Mergate of
Ican . Ea. Mttarere, Tarmac Melgund, Lard Marcus
1-r J 114. Hoe. 1. Charterit, Yea. J. E. Elliott,
la A L Ha. F. Campbe:l, Sir George Grey, Bien
lA. 1. M. Gila a, It ;•t: Hoc. EL Letratteh.-re, Sir
Jr', A .mir Slthc.4 aed Monday; Mr. Ricardo
Mr. X.rCe;ao, Y.l'.; Mr. Greakll, P. 4 Mr.
-, titt. 31 P ; Mr. Mtertreaar, M,P. ; Mr. Cr*,
P.. Mr. C:i lin, M.P.; Sir W. Moltstrorth, M.P. ;
-r mew.. Lowl.. 31 P. ; Sir W. 8 reserving M.P. ;
En. Saffl7ll Kificley. Barger', Patience:, Brett, 1
..snay, Laic, Mariam, to,

unitarian, i weaker, a Mara;lan. sad an imasposillmt; so
that we might reasonably expect liberality enough on
religious =amen. Well, they have Rada as report, god they
do not reenamend a pretence of thy. In looking over
the list of prolamin they do resommi,, there wee reams to
be gratified at this; because the present is • tine when
people have been awakened by the disensiteas upon the
possibility of an oneenatian system of national education
to a considerable jealousy on such points. The:feir is,
however, that whilst avoiding this reek they have not
steered fees of others equally dangerous in this point of '
view. They provide • professor of meal philosophy, end
than although they propose that the etteadeace of students
es religious teachings shall be optioaal, yet they do contemn-
plate that there shall be religious teaching, and they nom-
mind that it shall be given by the very principal
et Ilbe eullege, or some other of the professors,
sag with approval a suggestion of Mr. Malden, who
of mom devout man being chosen with that view.
Mliailialester Geordies regrets that they have thought
' it neesesery to include religious teaching at all ; and, cer-
tainly, there Is a fear that if they are to be guided by tease
views—that they make the appoiotnient of profess:re too
merit subsidiary to religious qualifications, and &engird
then of men otherwise more eminently adapted to literary
awl mantilla tembisty. It b a quietism whether they had
net better bays an independent theologlial professorship
thea delegate such duties to the priacipal eine college.

Molina.: lemma.
Messes. C. J. Hambro and Son are the contractors
for the newiDaaiah loan far 800,0001., bearing interest
at 6 per sent. per imam, to be hosed at 001. per sent.
lbw& Mese. Gametes, pad impairs
Were of application to the aniolitt Of 1
300S11.
to 4 dello& on Tuesday, the 19th inst. The
°hada states the security pledged by the
government, and the terms of subscription, andetillel
promeat of ieterest :
leen for 800,0001. stock, bearing 6 per east lia•
tenet —Maws. C. J. Hambro and Boa beg to aaseuess
that, In essformity with the autheeily gives by the Danish
dist as the Mk Marsh, 1850, they have contraeterl with the
Danish Insister of Finance fora hies el 800,0001. staling,
bearing latent. at 6 oast pre cram. The loth is to be
en thy same footing in every respells. that eastrested for in
the year 1849. The subscription pels.l.lo (say 902 percent.)
payable as follows:-201. per ale. we days attar allotment ;
201. per tent. on the 16th April; 102 per seat en the 16th May;
10 per asst. as the 16th Joao, 10 per seat, ae the 16th July,
10 per met. as the 15th August, 10 per amt. en the 14th
September. A discount of 3 per mat per asamili.da....2.llll he
allowed on the payment in full of the above
Provisional certificates will be bated, if requiredesi
paying is full. Any failure in the speed Bed parasea W-
aite all previous instalments. The land tax is espeWally ap-
plied to the payment of interest, and gradual reumption of
the loan. Dons" the five yeses *Ming 1847, the ',TOMOS
arising from tax pave an annual avesyta of
Rbd, 2,423,983 62, or at 91 p• r pound, 266,8121. Os. 10d. ;
of which Md. 438,000 are required for the interest and re-
demption of the S per cent loan of 1849, at 91 per pound,
45,0001.: leaving a balance of 217,6421. Os. 10d . which are
specifically applied to the present entreat, in addition to the
general revenues of the state. The sins of the beads will be
' as follows : A 5,000, at 1001. each, 600,0002 ; 8 400 at 5001,
each, 200,0001.; C 100, at 1,0001. each, 100,0002:
800,0001. The first half-yearly coupon will he payable on
the let September or zr.
70, Old Broad-street, March 16, 1860.
The Bank of England has keened a circular to some
of its depository, representing that the rate of interest
is now so low as not to render it desirable, sea matter
K prt, to retain accounts, except a fair permanent
haWce is kept rep. Where this cannot be 'fleeted, fir
is ob:ected to, a small charge per 'anomie to be made,
ssy 51. Se.
From Munich, under date the 12th instant, we
learn that in the sitting of the Second Chamber, that
' day, the Minister of Finance made a demand for a
loan of 12,500,000 florins for railways, and a loan of
2.800,000 florins for the army, should no warlike ope-
rations supervene ; and also for an ulterior loan of
7,000,000 dories, in the event of a war. All these
sums the Minister propose, to cover by a loan.
The French government, it appears, has at length
broken through its hesitating policy with respect to
the rates of duty to be levied on sugar and coffee. A
pnye4 de lei on the subject has been ander diaconal;
in a cabinet council, and will, doubtless, ere this thigh
have reached the Council of State. From the le !

next the proposed bill reduces the duty on im-
portation of foreign sugar bylo francs per 100 kilog.;
whilst the duty on Wive and esknial sugar is
wand I belie pm Makilsg. le eoliths, mew
successlve reductions of 3f. each, applicable
`ly to foreign, colonial, and native sugars, will
Ito operation on the Ist July, 1831, the let
al, 1832, and the same date in 1863. From this
last date the duty will remain permanently fixed at
23L for native and colonial sugars, end 40f. in the,
cape of foreign produce. The ministry thus prefer a gra-
dual reduction of the import duty to the mode
of proceeding recommended in the proposition of
MM.. Deejobert and Levavasseer, who propose to put
off the reduction till the let of January, 1864, and
then to effeet it at once. The ministerial bill reduces
the duty on eoffee to 801. per 100 kilog. There pre-
visions, after andergoiog examination by the Council
of State, it is expected will be submitted to the
chambers for their ratification.

The commercial intelligence received by the Pe-
ninsular mail is not of much interest. At Gibraltar,
on the Bth, the exchange on this country Continued
without variation. The new screw steamer " Pro-
pont*" on her first voyage from Liverpool to Gib-
maw., had made the pa•sage between the ports in
six days and nine hours against a strong B.W. wind
in the channel. •

Accounts of the 10th from Lisbon state that some
business had been done in the public funds, which at
the departure of the mail were quoted : the Five per
Cents., 631 to 641; the Four per Cents., 44 to 45;
the Three per Cents., 43 to 44 Bank shares 425 to
430 against payment in Lisbon bank notes. Punk of
Oporto sha,es, 180 to 190 dollar,. Exchange on
London, 64 Id. for three months. Business generally
was extremely dull, more so than had been experienced
for some time, ucl without any immediate prospect
of improvement. The demand for English woollens
was falling off from a two-fold cause : first, the
increase of native industry in that particular branch ;
and, mcondly, the increased smuggling of cloths from
Spain; whilst the new Spanish tariff had not tended
to give any impales) to the demand for English cot-
tons. The fruit trade had likewise fallen off in con-
sequence of the extreme low prices which role at St.
Michael's. Rains had fallen, but not in sufficient
quantity to allay all apprehension for the vintage.
Advice' from Oporto of the 12th give a more favour-
able report of the state of the weather sa regards the
prospects for the crop. The result of the recent pub-
lic sale of port wine in Landon, although unsatisfac-
tory, had not caused any reduction to take place in
the price at Oporto ; on the contrary young whin
were held foe fall prices. Bills to some extant bad
been tegociated at 64/d.
Hamburg letters of the 16th instant report that
market u dull for most articles. In Coffee little
movement had occurred, but the market was rather
depressed, owing to the prices paid in the sale at
Rotterdam proving below the estimated rates. In
the absence of information Na regards the molt of the
Amsterdam sale on the 14th inst., the market was
very inanimate. The sales of the week were under
5,700 bags. Several holders of Sugar having
shown an inclination to sell, some transactions had
taken place, and brown Havanna bad been dis-
posed of at 12/ to 14 (= 17s. to 188.8 d.); yellow and
fine yellow at 141 to 17 6-16 (= 19a. 2d. to 238. 2d.),
and other qualities in proportion. Hides continued
in good demand, especially the lighter sorts. The
cotton market was rather weak, owing to the flat
aocc,unte from this side. In wool the bulimia done
had been small, owing to the light demand. In the
grain trade heaviness continued to prevail, and little
business was done, u sellers still persisted in their
high pretensions. It was, however, expected that
prices will shortly settle down. so as to i*w of some
business with the English market. Ginger was de-
alining in value, as was also whale oil. Funds and
railway shares were not quite se fins. Gold was
quoted 4361 per mark. Exchange ea London 13.91
three months • Paris, 1871; Ametirdem,ll6.s6.
EaIIANONS AND Men AIIICIA3.
Mess IL—limb. Thirata.l4.ll2.6 OMB, in
11115,grAssy; Wok Lows.llll/6,11111M, SS Isimain
rim psi aims , MI Ms ; Mein "WA Um, bah nuts
ask Pear-sed4AsUrsr tea. Ai somisr; The per Ont.
limien ONSIANIss. See Mk NA siosay; mop god a., sit
rusts %.tselechm...L_lmusl lartar = VII` V:
Per CIA. Na MI . 1.0" la me Was, TO 3 VD. rare
per Onia, N bale; 'ilwallib Tear per Oat, eff
_I Nor-
webs leer ear oasis. eels. MI sioNA I Arad& sow
Pss
li WY; DIN% tale.. Pr .„.....ein .err
ow wir PAIL, Wig SMAIZININIF ce
tamice—rissurs. SW& IS, Ili.lii ANANNts IDA ;
Um* MAK I. 8 ANINAMS•7O.

, TlllB DAT.
Two o'Creoz.
m• Qat de la every deportment* of the Stock
Aar, ad the &Wisp I. every deserip-
112—i—allirallinent are el a very ordinary chamfer.
Tie SuIP fls is Coombs up to the present how
enellasa244llmq were first called I in advance
of last Mee, at 96) to) for moody,
-14/favder woe*. from wine OW
. ler web, and e for time; bat an
ipereased dessatur firmness has since manifesteditself is the ear and prime are new the NUM Si
at the conmeneweent or Weiner. Long Annuities,
expiring kit he.. 1880, hare been negotiated at 84
and 6.168 Beath. Sea New Annuities, at 95. Ruche-
quer_Bills sestina steady at 031.. and 895., and India
Bonds at 86e. posh
forettthy condemn to prevail in the market for
ieeita but the tone in rather Amer to-day.,
Penreiniiireur per Grata were last transom 7241
Rad= delis. at 14 premium ; DemobFive matwe.
mark 92. The sifts) beams. is Wetted to the fol-
lowwg Bonds, at 89. Buenos Ayres, at
60. Chtan Six per Cents., at 1001. Nein% Five
per fiesta, at 92. Two.and...a.Half par Cents. Dutch,
at 56; ditto. Foar per Cwt. Corelleates, at 884.
llexiearitUt sad f. Peruvian Few per Cents.,
at 71 Emile new Fanglike-Half per
cot. ti sad 14 pellebull."

-
link
• l 1 • • NNILUNI TUNDL—PINN DAT.
8 'A giabottora._46•l
4 per at Osa. Asa. Ng I c%
MON. Am.. N 4 i
nib. Sis. No Ns.

YOLZION 1
pa Plll[DtelitiL
01. Arabs Darla, Ip2. M. .6 IT
KOl. Sok Waal. VON Das. 31 11
pi ger 06aL.— per o:dtriL p_
per OL Depallaa Dia. BM 4 c.Ol.
NN• Ite, N
6 per t. Renee Lyres, 10 1 13
ChUlse VOL, In r:Arrien. am 106 T
DOW gam& 1)62 Dia
isirrn="ss ToSii Mit*
21 par ar. Waal 112 2 wet Vakepaslit ea. 22 3
Pilr OL DataOurla.l6 Doireeed I

HINCINCI-LANE.—THIS DAY.
Bermes.—The public ram of 7,000 bap Mauritius and
1,000 bags &meal went off better them was anticipated, par-
ticularly the former, as nearly all bead buyers at the full
piccolo( Friday hat ; the qualities wire good ; the Madras
chiefly .withdrawn. Wined continuos all ; prices with
difficulty supported ; anteery lump, 46a. to 60s.
liotraans.—The demand has improved ; 300 puncheons
Barbados. sold at 175., which is Rd. •••••••
Comm —Thom has bees a slight panic is this market.
On 'Chasse yesterday good ordisary native Callon sold at
491. 6d. to 10s. To-day business is 9aoted 495. and a parcel
said to be sold at 465., but quotations vary from hour to
hour, sad we have a most unsteady, excited market.
atom.-800 hags middling white Bengal sold in public
sal*, 9s. 6d. to 10s., which was the fall previous market prim.
Rum coattauss dill.
TEA —The patella sales are rein of; heavily, and bat •
small part sold. Prices are unaltered.
lisurvivan —lOO bags, refraction sold in public sale
at 285., which was the previous value.
In other amides no 'asterisk sltmation.

TALLOW MAKKBT.—THIS DAY.
The sorbet is list to-day, sad prime are barely was.
tsiaed. The &nowise were the quotations :—Paterebierw
Y.C.on the spot. 36e. 9L to 375. ; Meech delivery, 36e. 6d
to 365. 9d. ; °Nobel to Deotiobor, 388. to 38e. id.

COTTON MARKET.—HAYRE, MARCH 1&
The Havre Cotton maiket to-day exhibited some activity.
Prices steady, without alteration from late quotations. Bales
to two o'..lotk, 900 Wei.

SMITHFIELD HAY MARKET.-THIS DAY.
Musn. Cooper and Davis report a short supply, at the
following (mown= : Prime Meadow, 66e. to 765. ; inferior,
60s. to 63a ; Rowan, 60a. to 665.; Clover, 60$. to 84s. ;
8 raw, 245. to 22r.

-- - ---- .........• .........•. a. sw"air MOWN. WRNS OS SO mat 111 hare tea
I ;newer to inquiries made weight's, and reader it a sparse et bitter strife, Untied of • ~.,
rof letodou : baring, to tat miglebstabood. The trustee, appear to •111..nel
'ward the prises ; bet so have wisely stalled the isportanee of thin proviso, in the Ponsuoll
dos will be aliewed to act of it Wet as th le Maio e best whilst t
that liona dWo mail bewared
Ithotv=listu list is akar sks. of di
la
ist mad a,
militias@ seas, wheat the diesontiso hare eerteialy
toy person, whether he be • preposderance. Tho atesadttee subsists of Messrs. Aar. e 90114 I
tor, or proprietor, of asp molder ray. Wttlisat Neild, Bennal Pateker, John Fred,- COON tat
tr any be the regulatioss rick Faster, and James Heywood. TM list includts as July 18