The Express.
London, England, 1850-05-23 00:00:00

MONEY MARKET.

Wenxe:naT Erentwo.
We ate requ:sted by Mr. W. P. Robertson to
state

That by the packet just arrived from Mtlte3 he has re •
ceived private letter. from various ii.fleeneml parties there,
not only confirmatory of thou he has already ;,uhlished, but
all preening on his earnest attention the immediate adoption
by the bemdluallets of the new arroagetnent proyosed by
cowers. end which he is essured will meet with the home-
diste and unanimous sancticn of the lelex:can legislature.
One correspondent, in transmitting to Mr. Robertson the
',rye, de los, has the lollowirg note at foot : " This arrange-
ment is one which with absolute se.urity can and will be
fulfilled in all its parts. It has already b.en presented to
the chamber, and, without any doubt whatever, will obtain
its anprobation."
The following communication has been addressed
to us by the committee of Mexican bondholders:
The committee of Mexican bondholders present their com
pliments to the editor of the Daily Neu's, and beg to state for
the information of the bondholders, that the Clyde has
brought to the Batik of England for their account from Vera
Cruz, 15,611 dole. 60e., and from Tampico, 54,391 doh. 87c :
together, 71,033 dole. 37e. There were pending for account
of the bondholders on the 13th and 15th ult. in Vera Cruz,
153,476 dole. 2e. ; in Tampico, 105,761 dole. 2c. The Mexi-
can inteliigence in the Times of the 10th inst. is confirmed.
The committee of Spanish American bondholders have re-
ceived a letter from Mr. Lord, the agent of the Ventro. lan
bondholders, dated La Gouts the 22nd ult., stating that he
bee nut yet been able to make any arrangement with the go-
y, rent at Cameos in respect to the overdue coupons.

The commercial intelligence received by the steam-
packet Cambria, from the United States, is not of any
particular interest, and business generally was in the
same state as at the last departure. As regards the
cotton crop, the various accounts pretty nearly agree
in e.timating it at about 2,000,600 bale., the delive-
ries at the various ports having already fallen ehort
by about 600,000 bales. Private letters of the Bth
May, from New York, mention the arrival of four
steamers from Europe within the week, which had
greatly added to the already large accumulations of
foreign manufactures, and had tended still further to
depress the market. In consequence of the
high price of cotton, and the relatively
depressed value of cotton fabric., several of
the large factories et Lowell had suspended
operations' and others were working short time. Sales
of English bar iron are reported at 37 dole., six
months in yard, and Scotch pig at 19 dohs. cash, and
29 to 21 dole., six months. Whale oil had realised
IM and 60 cents., at w Lich it was firm. In New Bed-
ford, sales of wale oil had been made to the trade
and is "peculation to the extent of 10,000 barrels, at
1421 to 46 vents. The money market was extremely
' easy, and the banks were in a condition to take most
of the paper offered for discount at 51 to 6 per cent.
for short, and 7 par cent. for long first-clasa bills. The
exchange on England was firm at 1091 to 1091, but
no large amount of bills had been negotiated. The
leading public securities had experienced a further
improvement. The investments for foreign account
amounted from the lit of January to 3,334,312 dole.,
besides a large amount of coupon stock, of which no
record is kept, but which has been estimated at
3,000,000 dole.
The receipts of gold from California during the
week were estimated at 2,200,000 dollars, and the
total amount of California gold received at the Phila- I
delphia Mint up to the end of April was 13,370,000
dollars. The deliveries of gold from the Mint at Phi-
ladelphia cannot exceed its capacity of coinage,
which is 12,000,000 dole. per annum. The coinage
of the Mint for January, February, and March,
amounted to 3,683,282 dole.
An application was before Congress for reciprocity
of trade between Canada and the United States. Mr.
Clayton had applied to Sir H. L. Bulwer, at the in-
stance of the Committee of Commerce in the House
of Representatives, to know whether, in the event of
the e of such a bill, the free navigation of the
St. =Lee will be conceded. Sir 11. L. Bulwer re-
plied that in his judgment the measure seems to be
the natural consequence of those measures by which
the markets of Great Britain have already been
opened le the agricultural products of the United
States, and be adds the following :
I feel no hesitation, therefore, in stating that the instruc-
tions with which 1 came to the United States warrant me,
under such circumstances, in assuring you that should a bill
eorrespsitgag to that which has received the sanction of the
logielatare In Canada, be paired by the legislature of the
United States, and receive the sanction of the President of
the United States, her mejeeti's government will be ready to
respond to say application which the United States govern-
ment say thin address to it, ea the subject concerning
which you have now applied to me, by at ones consenting to
open** navigation of the River llt. Lawrence, and the