The Express.
London, England, 1850-12-21 00:00:00

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The rates et silver bullion are as before : bar.,
sa. lid., and new dollars, 4s. 111 d.
The report of the committee of Mexican bond-
holders has been published, preparatory to the meet-
ing on Monday—a stop which is very proper, though
we fear the bondholders in the country will searc-ly
be able to get the pamphlet before Monday. The
committee recommend the concurrence of the bond-
holders in the terms proposed by the Mexican
government. They explain that they have not been
able to divide the 1,040,878 dole, which bad accumu-
lated in the Bank towards a partial dividend, owing
to the Mexican government insisting upon the: pre-
vious surrender by Messrs. Schneider of the books
held by their firm. Meanwhile, however, the dollars
have been sold, and owing to the extraordinary rise
in silver, have fetched 6,6001. beyond what mold
have been realised six months ago. To be allowed
to effect this male, the committee gave an indemnity
to the Bank, and the total proceeds now stand in the
same of Colonel l ado, Baron de Ooldsmid, and Mr.
Capel. The cotton licenses have been sold by Mr.
Faloonnet to Mr. Escandon, of Mexico, for 300,000
dole. (being 50,000 dole. above the former offer), pay-
able in instalments, ending in November, 1852. The
sum received by Manairg and Mackintosh which they
have failed to remit is 230,003 dela ; but an arrange-
ment is hoped for that may prevent ulfimste loss.
With regard to the terms of the law just pared for
the new arrangement of the cebt, it Is stated that
the total amount applicable under it to arrears, In-
cluding the 2,500,000 dole. American indemnity
money, the sum at the Bank, the cotton licenses, and
the balance with Manning and Mackintosh, will be
about 4,340,565 dole, which, taken in full satisfac-
tion, will inflict a loss of 6,000,000 dole. on the bond-
holders, in addition to former sacrifices of 17,000,000
dole. An application to Mr. Falconnet for an appro-
priatioa of public lands, to render the deficiency less
severe, has met with no definite result. As regards
the alteration of interest from 5 per wet, to 3 per
cent., a representation that, with the prospect of an
improvement in the finasees of the country, it would
be unjust that this reduction should be perpetual, has
been admitted in principle by the Minister of Finance,
and he is disposed to recommend to Gouge's' a cor-
responding modification. The revenues signed
under the new law for the payment of future dive-
deeds will probably yield less than those which the
bondholders now eojoy, and it is recommended that
Mr. Faloonnet should endeavour to ptoonre a supple-
mentary act of Congress for the monthly psyment of
a sufficient fixed sum from each of the principal cus-
tom-houses. It is also pointed out that the recent
decree should have contained a reservation of all the
rights of the criditors in case of default. Finally,
however, the committee recommend that they should
be invested by a unanimous vote with lull powers to
accept the terms proposed, with or without the cot-
littions indicated.
The dividends on the undermentioned foreign bans
II felling due on the lit of January next, are advertised
for payment, via—Canada Debentures, negotiated
through Baring Brothers and Co.; the South Carolina
sterling bonds, the Maryland sterling bowie, and the
Rusaian sterling Four-and-a-Half per Cent. bonds.
Hamburg letters of the 17th quote the prices of
stocks as under :--Rassisn-English Four-and-a-Half
per Cent. Loan. 891 ; Danish Three per Cents., 73 to
; ditto, Five per Cents., 95. Swedish Four per
Cent. hypothecated, 93 ; ditto, Four per Cents., 1848,
100. Spanish Five per Cent. Lien of 1834, 111;
ditto, home Three per Cents., 31. Uuited States
Six per Cents., 1041. The exchange comes as low u
13 marks 01.
In the quotations of specie there was no change.
The account of the position of the Bank of England
for the week ending Saturday, the 14th of December,
1850, published pursuant to the Act 7 & 8 Vict., r. 32,
is as follows:
BANK Of INOLLIND.-1"---

_ De the week oedlot Dee. 14.18.
bons
Nom. ...... /2).18;410 rilevenmet Debt.... J111.01Me)
904 to
00-".=ramiums 16;1.14813
Sl, Dean ...... 45,607

Prop&Doe' Oatiltal ....111n..3104v
Sat .
Depodta t .......... . 3.034,3 a
i selvd.
r•••
Oettouto. 01 at=
Dth‘atot dada) 10.274.31 D I
Other Nocella ........ 11,176.6 D
&woody aodother Alb 1.3443 31

1.34447.6811

D.. 10.1001

%%.,11sowitiss
ID..Weisbi
Am "AS 6"
Othresselli•
lo.flOtta
WWI 031,640

'K. MAMMAL,.

The above returns, when compared with those for
the week preceding, exhibit the following changes:
Circulation isms E29,162,490 Decrease E 166,426
Ciretlation active
Pnbic deposits
Other deposits
Governmsat seausitisa la
baskirg deparuaeat 14,228,901 Without 'heretics.
Other ~canon ia basking
department 12,678,322 Decrease 44,166
Cala sad bullies is both
liepsznapets .. . 16,829,130 DOCTIAMI 122,068
8•vo • day sad other bills 1,243,313 Decrease 6.686
3.096,367 Increase 3,433
The Reserve
The stock of silver bullion remains unaltered.

According to the official returns published in the
Gazette of last Tuesday, the total note circulation of
all the private banks of E-gland and Wales daring
the week ending the 7th of December was 3,481.1011.
In the preceding week the amount was 3,560,3801. ;
there is consequently a decrease of 79,2791.
The note circulation of the joint-stock banks during
the same week was 2 703,3111., and the previous
week's return being 2,747,7891., the decrease m shown
to be 42,4781.
Oa taking into consideration the active circulation
of the Bank of England, which in the week in ques-
tion was 18,706,7101. (icing 99,2801. more than the
week preceding), we find the aggregate note; eir-
eulation of England and Wales to be 24.893,1221.,
which chows a decrease on balance of 22,4971., as
compared with the returns for the previous week end.
leg Nov. 30.
As regards the fixed issues, the private banks were
1,307,7821., and the joint-stock banks 704,6761.
below the amount authorised to be issued.
Our advice. from Port Adelaide, under date the
28th Sept., mention that much vigour continued to
be shown in the prosecution of mining enterprise, and
reports of fresh disooverh s of mineral wealth, which
were constantly being made, added still more to the
interest felt in the subject throughout the colony.
The South Australian (Bunt Burrs) Mining Com-
pany's usual dividend of 200 per oset. (belies 101. per
share on its origlial sham of 61.) was la warm al

payment, and the price was last quoted 2101. buyers.
dubjoised are the latest quotations of the Adelaide
nimbi :—Barra Bum, 2101.; Princess Royals, 21L;
Britannia., 21.; Port Lieeolne, 64 10g.; Mount Re- •
'netball., 81., Mount Livevpool, 31. ba.; Glen
IL 1 eteathabyn, 31. ss. ; Wheal Barton, 51. ;tre:
OserisesaiL 10s. ; Wheal Margaret, 21. 155.; Wheal,
Felenddlip, 81. 4a.; Wheel Emma. 21. 101.1 Wheal
Haiessny, 21. 165.; Wheal Maria, 11.1 Royal Mining
Clammy, 11. 55.; Adelaide', 11. 25.; North %spon-
dee, 11. 6s.
The visiting directors and secretary had retuned
from their periodical visit to the Barra Buns Minas,
and ripest the works in a high stab of prosperity.
The number of miners had increased since the pre-
vious letting, and an excellent survey had taken
place. In April last a new system of working these
mines wee adopted, by which encouragement is
given to the misers to win the poorer ores
hitherto neglected; and the produce of the
last take—eight weeks—is estimated at about
6,000 tons of ore, ranging front 10 to 40 per
mutt. This almost doable the quantity of any of the
previess takes, bat it most not be supposed by this
that the profits of these extraordinary mines are
dosbl.ed in consequence. The low ores will naturally
produces sinalla profit than the rich, end although
the qemetity has ince-weed so much, tke average per
away will be con.iderably leis than usual. It is,
however, supposed that the present plan of working
the mine will be attended with very beneficial results.
The Patent Copper Company's works are progressing
favourably. They have seven smelting and two re-
fining furnaces in work, and their making of fine
copper is about 50 tons per week.
The following are the prices obtained by the Aus-
tralian Mining Company for the ores shipped by the in
in the Dorothy, viz., 201. fis. 3J. for Tungkil.o ores,
and 201. 15.. 6d. for Montacute Orel. We learn that
the machinery for computing the stampiog works
with the steam engine at Tungkillo, and which is
now being manufactured by Messrs. Wyatt, of Ade-
laide, will be contple•ed in about six weeks, when the
immense aceruntvation of low produce ores at the
mine will be forthwith brought into a marketable
state. Heretofore only the high produce ores have
been available f r shipment, owing to the expense of
carriage to the port.

THIS DAY.
Two o'Ctocx.
There is not the least change to be noticed in the
market for the home funds to-day, the operations
being on the most trifling male, and prices having
experienced not even a free:Weal variation. Consols
have been steady all day, at the closing quotation of
yesterday's market, 961 to 1 ex die., for the account
of the 16th January.
The Reduced Tares per Conte. have been dealt
in to a smell extent at 971 to 1; and the New Three-
and-a-Quarter per Cents., at 99 and 981. Bank Stock
is steady, with business marked at 2131 and 214.
The market for Exchequer Bide is fi.m the I,OOW.
bills have changed hands at 645. and 675. prem.; do.
5001., at 68e.; India Binds, large, at 86e. prem.
The chief ieature in the foreign stock market is
rather numerous sales of Mexican Roods, which have
caused a decline in print, business being marked
at 361, /, 1, and a. The operations
in the other investmtnta Si, few and un-
important. Russian stocks remain firm, and the
Four-and-a-Half per Cents. are still looking up, bar-
gains having been concluded at 98. The other dela-
togs of the morning are comprised in the following :
Biaxilian Five per Cents., 871. Chilian Six per
Cents., 104. Dutch Two-and-a-Half per Conte., 591 ;
di.to Four per Cant. Certificates, 90. Spanish Active
Five per Cents., 181 to 1; ditto Three per Cents.,
401 toi.
ENGLISH FE
Hoak Stask
a per (. *s Am..
.. HI t
3 or MON'. /NM. NM
EGSSIO
1 per OE AuIENAN
Ns Cl. Saks reeds.
G per NNW.
riv.T..Nr.r.
sta lb.. SI •
6 gt:.l.ltlrigra.,_,klNA:sl 4
DIM Coitus!, um.
Oolumblan Work. Win. 14 4
3 our IN. Inisb Ws.. 14
14 per el Dutch Bds.. 444 04
4 pa Ct. Guinn OM.. Id

NDll.—Tan Da.
I I pet OLOoa Ada. Hi I
I:tr '99.1919 94,. 624.
Ertutr Stiles la
I p4t Ct.Grasas B. 16i
Onoada Dak
Hoz. Birrad Hda. 4 #
per t.• I
• per IX. :Hurls', lala II
Pormusse 34# 64
per Ht. Rum. II la. la 11
DM* ItHabis ild.“ 114
Pieot.aipsetsh Hda. Bo
▪ Deterted Hda.
Unto Buda' Han. 61
:# ow Vnessads Ws.. II 3
*owners 14irreti boons. 11 13