The Express.
London, England, 1850-03-02 00:00:00

MONEY MARKET.

Fato4.7 EVBNINO.
The East India Company have given notice that
the rate of exchange at which they will grant bills on
Bengal and Madras will, from the pretent date, and
until further notice, be 25., and for bills on Bombay
2s. O'd., the company's rupee.
The Bank of England averages for the week ending
the 23d ult., when compared with the returns for the
w&ekss=ious, give the following results:
bees
Chreislim alikve.„.„... 14,6814,453 Duirom 197,941
IMO &pile r,maost blame 532,001
OthwAprils 9,740,063 llama 99,746
Ossommtenertfassis I 13.354 345
Without anent' ton.
oharkiiirgungWrbul:
arrizeout
Ims Naha ta Wl' 1742,231 ...„ Immo 4.770
arl other blab 1
Mt 4121.14: Dawn fez
Tba supply of bills foe this mail was fully adequate
to the demand, and the rates of exchaage on foreign
planes morally showed little variation front there of
the remote post day. On Hamburg the coarse was

' a shade higher. The following are the rates at which
bills were negottated:—.
• Thos. Priam aegotlated.
. . nom
Hamburg —.— Ea .... lB 13
11055•0155 Mat. ...„ . 12
1 lb.
111146mba --. r .„ IS
Aslmerp
....... -....... " ..... 25 67
Farb Galt.
DIM . ..... 314.
tell
Itseitiort
Visala
1
TIMID
43
706srayarg .... 37
30
Wham
081.5
41 924 57
=lO.
111
lisibe "
Das s m
—.. Pi dap late. 33 1 1
rissiii;",-7.7:::.10 days Glebe. s6 4
The official assignees to the estate of Meows. Lesley
Alexander, and Co.. have announced a first dividend
of 2s. 2d., ind a second of 6d., in the pound sterling.
The revolt of the public saes of raw silk just con-
cluded is comparatively unimportant, except as fairly
confirming previous movements. The total quantity
printed was 1,860 bales Bengal. and 2,500 Chinas,
but peerlessly to the sale the bulk of the available
qualities of both clams was fold :and withdrawn.
The small quality remaining for auction realised
fully previous prices, except the lowest qualities,
which were neglected. The deliveries for the month
were 690 balsa Bengal and 1,623 bales China. Two
vessels have jest arrived from China, bringing 1,500
bales silk.
The premium on gold yesterday at Paris was 15
per mille, which, at the English mint price of
31. 17s. 101 d. per ounce for standard gold, gives an
exchange of 25.521; and the exchange at Paris on
London at short being 25.45, it follow, that gold is
0.20 per cent dearer in Paris than in London.
Letters of the 26th, received from Hamburg by
today's mail, give the price of gold at 4361 per
mark,whieb, at the English mint price of 31.175. 101 d.
per ounce for standard gold, gives an exchange of
13.101 ; and the exchange at Hamburg on London at
short being 13.111, it follows that gold is 0.40 per
cent. dearer in London than in Hamburg.
It will be gratifying to the shipping interest of this
country to observe the effect which the report of our
navigation laws is likely to have in Belgium, where
a more liberal policy in regard to foreign vessels is
strongly urged on the consideration of the government
by the commercial community. At a recent meeting
of the Antwerp Chamber of Commerce, the committee
appointed to inquire into the regulations at present
is force with respect to the admission of foreign
vessels to the national flag, made its report. The
report states that one of the results which it was
expected would ensue from the present system of dif-
ferential duties, was a considerable increase
in the mercantile navy of the country, and it
proceeds to prove from the statistics of the
Belgian shipping that this expectation has not
been realised. 'I his disappointment is attributed by
the committee, partly to the greater cost of corstruc.
tion in Belgium, and partly to the high scale of
charges imposed on the nationalisation of fore;gn
vessels. The committee delivers as its opinion that
it is necessary, for the interests of commerce, and in
order to open a wider field for developing the mari-
time resources of the country, to adopt a more liberit
system in the nationalisation of foreign built vereele,
and it is moreover of opinion that this reform
is rendered more urgent by the adoption of the new
navigation laws at present in force in England,
and those about to come into operation in Holland,
by which any vessel built abroad can be admitted to
the privilege of the national Hag at a very trifling
expense. The report draws puticular attention to'
the great advantages which Belgium, as a neutral
country, would derive from this system in owe of
war between the great maritime powers. For these
various considerations the committee advises that the
nationalisation of foreign vessels should be exempt
from all description of duty. Alter discussing this
question in all its bearings, the Chamber adopted the
opinion of the committee, and resolved upon address-
ing a memorial to this effect to the Minister for
Foreign Affairs.
The official returns of the manufacture and con-
sumption of native, or beetroot, sugar, from the com-
mencement of the season (Sept. 1) to Feb. 1, give the
following results as compared with the previous
year :

1849-50 1616-49
Quantity manufactured, Mktg. 41,107,161 21,531,006
Omaumption, kik* 16,913,490 ... 13,009,708
Brook cm the 31st January, kilog. 14,876,1198 ... 11,110,246

The manufacture has thus increased during the five
first months of the present season, as compared with
the former, by 9,576,155 kil. ; whilst the quantity
sent oat for consumption has increased by 1,914,782
kiL, and the stock on Jan. 31, 1850, was 6,232,150
kil. less than at the same date of 1849. The number
of factories in operation on Jan. 31 last, was 288, or
five more thanwere at work in 1849.

The trade of Manchester daring the past month
has not been of an encouraging character, and the
demand for the home consumption shows a falling off
es compared with other years.

DANK Of 1630L1131

IMOD Dill
Noise I=l4 430.3V.155

r for tits wset Nadu TO. 21.1850

lunent Debt.—
S.?cliritti!• •

lllaa

00.355.155
BUNKUM D I
Proprietors' MAIM —.Z14443.000
Ma&
Put& Deposits (mbed
Orealbein: tOaf TN.
Klaud
DeMouri Div. soots.) 7.839.0 n
Oik Dapoidta 11,749.u351
Buy and other Was 1.111.6. id

1 (1741. 0-78
m. 077
433,326.156

-6,747111—ii5t swxftws
Iloc!pd. Demi Weight
Annuity) ..........„ £14.399,3M
Other Squids'
Nei«
Gokl sod Silver Oda 796,otid

11312.393,819 1 4132.37.0.989
Feb. 23. 1830. M. MARSHALL, Chief Cashier.
DUBLLY STOCKL—Fm. lit.
8 per Oat. °mask
Si per Ong. Mask ;II I
Bank Stock 2Ol
Four per Ct. Ballast Moe Deb. 100,. security, 924 Go 24 )111931
Midland Ot. Mergers and Royal Canal Company 234
RXCUANCIRS AND STOCKS ABROAD.
Bninr, rm. IL—Voluntary Loan, 1014. National Debt, 871. Bank
Shams, 944. *
Timmy Fin. 26.—Fine per Cent Metalliques, 93 748. Four per
Cent. do., 73. Bank Bheees, I,loe. Exchange en Frankfort, 1144.
Beviento, Yee. 27.—an Funds: Loma, 1838, Three per Cent.,
641 ; Ditto, Islo, Fire per Cent., 971 ; DitW, 1843, 971; Ditto, 1844,
Your.and.o.liall per Cants., 894; Ditto, of ielty, 1943, 934; Bank
of Belgium, 83.
Airman, Yee. 28.—Esehange on London, 23.474.
MIMS° Fes. 28.—Hamb. 71tres.and.a.lialf per 011114, 89/
bilis, 88/ money;i Lubeck Loan, 1930, Flee per Cent., 98 bills, 98
moony; Hanovaian lire per Cents., 1034 bills; Russian English
Loan, 1034 bill*; Ditto, 11130, lour-and-a-Half per Cents., 92 bills, 92
may ; Ditto lies per Cent. llamb. Certif., 394 bills, Ditto Mope
and Co., 3rd and 4th Series, 95 money Four miCshent. &keant; 53
Mlle; Prussian Fire per Cents., 1044 ; English Loan,
Three per Cents., 70 bills; Ditto, in 1001. shares. 71 bills; Ditto,
Flee per Cents., 93 bills; Swedish
bilk Four per Cents, 974 ;
Norwegian Four per Cents., 914 • .;t9l money; Spain& Flee per
Cents., 11 bills ; Ditto, Three par ts., 27/ Mlle, 271 money;
American Six per cents., 1004 bilk, 108 mosey.—Kanhangee en Lon-
don : Hamburg, Feb. 28. 13.114: Ditto, three months, 13.10; Bre-
men, Feb. 25, two months, 614; Stockholm, 19th Feb., ninety days,
12.10.

THIS DAY.

Two o'CLoog.

There has been little fluctuation in the fund. to.
day, and the market is tolerably well supported, al-
though there is not much doing. Console have not
varied from yesterday's cloeing prices ; they opened
at 93 to 1 both for money and account, from which
there was a momentary decline to 941 for money ;
but they soon recovered the opening price, at which
they have continued up to the present. The Three
per Cent. Reduced mark 931, 1, and 1. The New
Three-and-a-Quarter per Cents., 971 and 1.
Exchequer Bills, 545. and 675. ; and India Bonds,
87s. prem. India Stock, 2671. Long Annuities, 81.
The foreign stock market is dull, the chief feature
being a heavy fall in Peruvian and Buenos Ayres
Bonds. Peruvian have fallen to 711'and 72, the last
prices marked, and Buenos Ayres to 62. Equador
is also lower, having been done at 31. Other securi-
ties have varied little in value. Balboni has been
transacted in Brazilian Bonds at 891. Buenos Ayres,
at 62. Picador, at 31 and 31. Dutch Four per
Cent. Certificates, at 861. Grenada Deferred, at 4.
Mexican, at 291. Peruvian Four per Cents., at 731,
721, 711, and last at 72. Portuguese Converted, at
' 321. Spanish Five per Cent. Actives, at 171 and i ;
i the Three per Cents., it 38g.

MUM FUNDL—lass DAT.
Oak Mak 206* TI I retvri lAA.***
MaA. 914 I
I Da OLOos.ApaL, a * Da. 646. 66 Da
VOIJUON MOW
6 per OL Aram Dia& 1 PlvoL itl7 18
11 pit OL Das. Mai. 10 ea Oar&
I. 4. i
a pee Doc,
6 7.,01 OIL, II 10 I Pit --ia.. ,2 3
. 1111 1*
i 6C:""-7161115 11"17.-.6.4iLlhe
pie OL Dula 646 61 ipant. au.. 31 3
par OL Dail OetA. MI *
iititawer
V 16..12 1.3

WEEKLY SUMMARY OF THE PRODUCE
MARIESTS.

•
MINCING tans, SiTIIRDAT MORNING.
with the Inception of Sugar, mat articles of colonial pro-
ds!, mattlatie dull of bale, end lower prices have been in
many Madame accepted, in order to realise. For Sugar,
however, there has been a such better demand than for
some weeks pest, and nearly the whole of the parcels offered
Motion met with purchasers at steady rates ; the sales
tautely have also been rather large. In Coffee there have
few trusections, prices for the plantation kinds ate
linnftlTa but oldies has bees sold at 695. per cwt. ; 17,000
wbegs Da Gasps offered at auction in Liverpool yesterday
ere withdrawn, and are held for high price.. Saltpetre
was rather lower in the early part of the week, bat a
largo sale held yesterday went off at full pries*. Nearly all
descriptions of Spice are lower. Tea continues very dull of
sale, and a few parcels of common Coogan have been sold on
reather easier terms than last week. In green Teas there is
noidteratfoo.
The sales of Sugar la the Rut India market have
amounted to about 1,670 Mid@ , inoluding the following at
auction, vis.• 133 hhds. 8 tierces Barbados*, at 38s. 6d. to
42s , and 2.4 bids. 75 tierces crystalised Demerara, at
38.. 6d. to 41s. 6d. per cwt. Of Mauritius, &knit 18,200
bags have been brought forward, and nearly all sold, at
and after the sales, at 265. to 345. for very low to
good brown, at 355. to 375. 6d. for dull to good
grey, end 381. 6d. to 89. 6d. for strong yellowish
refining qualities ; good to floe bright grocery at 38s. W. to
395. 6d.; low to midolibg yellow, at 355. to 381., and grainy
brown and greyish, at 38,. to 40s. per cwt. 10,260 bags Ben-
gal hays been partly disposed of at 375. 6d. to 38s. 6d, for
yellowish, 39a 6d. to 425. for middling to good white Bonnies,
good bright yellowi h Coisfpore was sold at 445. 6d. to 46e..
and white was bought in at 475. to 47e. 6d. per cwt. 4,266
bags Diadem found Misers at 295. to 325. 6d. for low heavy
brawn to yellow, and 395. 6d. to 41s. per cwt. for good bright
yellowish to greyish white Benares descriptions. 6,010
age, 81 buketa Penang went at 275. 6d. to 28,, for low
dark brown, 31s. 6i. to 345. for low brown and yellow,
and 361. to 38e. 6d. per cwt. for good yellowish and greyish
white. Not any public sales of foreign have been held, but
privately the tollowiog parcels have changed hands 7,600
bine. Hayannab, in bond, at 19s. 6d. for fine brown, and 20s.
to 20s. 6d. for yellow, and 1,000 bozos, duty paid, at 41s. 6d.
for sound, and 381. to 40.. 6d. for damaged ; 2,000 bags
Manilla, at 16s. to 16*. 64.,450 ems white Bahia, at 235. 3d.,
and a floating cargo, *about 6,000 bags brown Pernambuco,
for Oottenburgb, at 19s. 6d. per cwt.
The public sales of Coffee have comprised 966 bags, 128
cmks plantation, and 246 bags native Ceylon 150 bales
Mocha, 305 bags Padang, 261 bags Bahia, 238 bags Itio, and
137 bags Savannah ; the plantation Ceylon was partly sold
at 62. to 69e. for fine to fine fine ordinary; middling colory
was bought in at 70s. to 80a,; the native was bought in at
60e. ; good long-berry Mocha, went at 80s. 61., and ragged
at 705.; greenish small-berry was bought is at 664. per cwt.,
minor, Padang went at 485.; the Bahia was taken in at
521. to 664. ' • the Rio, at 51s. to 63.., and the Ilavannah at
40s. 6.1. to 41s. per cwt. P.lvately, some sales of native
Ceylon are reported to-day, at 59,. pee airs.
The Tea market daring the past week has been very dull,
the trade showing no inclination to purchase. In a taw
instances some parcels of common Congous have been sold at
rather reader rates. Green Teas also continue dull, the
market having been cleared of those kinds which are most
wanted, namely : the good and fine descriptions. There will
be a sale of ftuain Tea on the 11h, consisting of about
4,000 packages of the usual quality. Several vessels are
reported off the cons*