The Express.
London, England, 1855-10-20 00:00:00

1r BANK OT ENOLLIIID.—Ia I
ma c. 33. for the week.

puma to the Act 7th
Mt-
=I
tlaturtl y. Oct. 13.

IM. good .

ett. -.AUAUan
m
Boas UJNAM

Prow'lston' °spit', A.4 663: 00
Rat
Public Depalts (Inciad
tch=: rtNaticed
other
ead NV. AMU., 4.359.851
11,904,925
Bersa4ay sodotbarßilii 9T3.867

IPASTMEIT.
Government Secartthis
Unclad. Deed Weight
Annuity) Z1CA66.040
Other SecuriCles 19,280,444
Notes _ 4,6.57,490
Gold OW MVO

04.040,642
Oct. 18. 18.56.

IM. MARSHALL. ChSM.94O. ser643
M! °mi.

FaIDAy Evaxime.

The English funds continue to fall. A further de-
cline of i percent. wu established this afternoon, and
the closing quotations were per cent. below those of
yesterday. One of the more immediate causes of to-
day's decline hes rested with the fact that the Bank
of England has been a borrower of money to a consi-
derable extent in the Stook Exchange upon security
of Consols, until the November settling. By this
operation the Bank for the time, without de-
finitively selling its stock, adds to its reserve
of unemployed notes. The scarcity of real
stock in the market, occasioned by the re-
cent large investments of the public, materially
facilitates this operation, which, nevertheless, curtails
pro facto the amount of money afloat in the market.
The chief reason, however, of the depression at pre-
sent reigning throughout the security markets is, of
course, the rise in the value of money, coupled with
the critical state of the French Bourse. We believe
it may be reliably understood that the Bank's strin-
gent proceedings of yesterday have been directed
almost exclusively against the fresh endeavours of
the Bank of France to draw gold from this side.
We are informed that the Bank of France, with a
view to meet the exigencies of its position, and
persevering in its late policy of discounting (so
to speak) the balance of indebtedness which
ordinarily exists against England, hes again outmoded
in collecting a considerable amount of bills on Lon-
don, the proceeds of which it is proposed to withdraw
in gold. At the present juncture it is a peculiarly
important fact that, in furtherance of this policy,
fresh contracts for the supply of gold are now being
offered to parties in London by the French Bank.
The knowledge acquired of this circumstance by the
directors of the Bank of England will fully account
for the severity of the measures which they have
adopted.

The money market continues in an unsettled state.
'f he supply is still abundant, yet, in the existing un-
certainty as to how far the corrective measures
of the Bank may be carried, full rates are ex-
acted, and there is an especial indisposition to
touch long dated paper. The Lombard•etreet
discount houses to-day raised their allowance far
money on demand to 5 per cant. The various
joint stock banks also allow tiper cent., subject to a
few days' Dodos of withdrawal. It is not surprising
that these high rates should tempt a liberal supply of
money into the market, especially when we bear in
mind the fortunate immunity of the present crisis
from mercantile embarrassment,.

To-morrow a payment of one million has to be
made on the Turkish loan. The total amount then
paid up will be 50 Fer cent., leaving 52a per ant.
still to be met. _ _

Daring the present week, we understand, a con-
siderable quantity of sovereigns hey left the Bank,
but very little bar gold.
At Paris to-day the Three per Cent. Rents. closed
at 64f. for money, end 64.16 for account, being a
trifle below the reduced rates which were established
yesterday atteinoon. At Vienna the bourse has
mourned a more unfavourable appearance, the Aus-
trian funds being weaker, and the exchange en Lon-
don having advanced hom 11 to 11.3, whilst the
premium on gold and sliver has risen 1 to 1 par cent.
The impression is becoming more prevalent that
some financial operation is at present in course of
arrangement between the Russian government and
the firm of Messrs. Hope, of Amsterdam. According
to one widely-circulated report a loan of five millions
sterling is under negotiation. Oar government will
do well to keep a watch in the garter indicated. A
peremptory prohibition against the quotation of any
such new stock on the Amsterdam bourse may be
reasonably demanded from the Dutch government by
the Allies. Holland can have no claim to the prier
legal! of a neutral state if the slightest countenance
be given to any open attempt of the enemy to provide
the sinews of war in that country.
Console, which closed yesterday at 871 tot for the
Bth Nov., opened steadily this morning at 71 to 1,
advanced to 871, fell gradually to 861 to 87, and were
finally quoted 87 to I. For money the closing quo-
tation was 87. The continued upward tendency of
the earn market may be enumerated amongst the in-
fluences weighing upon prices; but, on the other
hand, the movement of the continental exchanges is
favourable. Ths current Stock Exchange rate for
advances upon government securities was 3 to 3i per
cent. Further purchases have been made to-day
for account of the public, but the high rate eons-
mended by money is the discount market is
calculated to prompt realisations by bankers, &a.
The official business report is as follows :
Three per Cent. Console, for money, 871, 11 1. g.
1, 87, 861, 871, 87; ditto, for account, Bth No-
vember, 871, 871, 87, 861, 871, 87. Three per
Cent. Reduced, 861, 1. 1. New Three per Cents.,
871, 1,1, 861. Bank Stock, 209, 207. Long An-
nuities., expiring in January, 1860, 31, 3 7.16;
ditto, Thirty Years Annuities, January, 1860, 31.
Three-and-a-Hs& per Cent. Exchequer Bonds, falling
payable in 1868 and 1869, 981, 981.
Business is also recorded in the New Two-and-a-
Half per Cent Stock at 72, and in the Thirty Years
Annuities, expiring in 1886 (new loan), at 16 6-16
and 16 3.16 per 11.
Exchequer Bills have fallen to 10e. to ss. discount.
India Bonds were quoted ss. dia. to par.
Foreign stocks to-day retained considerable steadi-
ness, with the exception of Turkish Six par Cents.,
which were marked 791 in the morning, fell to 78, and
closed at 78' to $• or 1 per cent. lower than yestr.
day. The New Four per Cent. Guaranteed Loan,
after falling to 41 discount, closed the same
as yesterday, at 31 to 31 di.. The scrip
of the French Loan has declined to / to 1 die.
The foreign exchanges this afternoon were again
generally higher. The current rates are annexed,
Tex.: On Paris, at short, 26.36 to 40; ditto, 3 months,
25.65 to 70; Amsterdam, short, 11.181 to 19; ditto,
3 mouths, 12.01 to 12.1; Hamburg, 10/ to II ;
Frankfort, 1191 to 120; Vienna, 11.28 to 34; and
Trieste, 11.30 to 36.

MINES.-THIS DAY.

Two o'gwo..

The gold mining shares remain without
The Quarts Rock Company's shares mark 61.
United Mexican shares have been dealt in at 4;
Cobre at 87; and the shares of the Old Australian
Mining Company at 10s. (81. 10s. paid.).
Annexed is the Mining Exchange official list of
yesterday's males :
Alfred Consols, 141, ; Condarrow, 135, 130 ; Bast B 4111•
set, 621; East Gearnsteke, 4. 41; Lady Berths, 22e., 245.,
245. 6d., 265. 4 South Robert, 61. • Eartridie Canada 617 ;
Teem Cereals, 21. 3; Treweiba, 21. ; West Barri,
33 ; West Frances, 36, 321. 371, 321 on Wt. 32, SO, 321, 39,
29, 31. 371 ; Wheal Tebidy, fo. 61. ; Wand Zion, 19a,
200., 2Lo.
Out of doors sundry bargains are report
to or,
including the following :—Wheal Buller, 600 ; West
Beton 600 ex div. ; Itcetwarne, 2024, 210, 216;
Nord:Basset, 321 ex div.; West Providence, 124;
Wheel Grenville, 21; Oilman, 8,4, 7 ; Trewetha, 2t.
In addition the following transactions have taken
place in the Stock Exchange, viz. :—North Basset,
314 ex di,. ' • Alfred Console, 141, I ; West Provi-
dence, 124, 13; Tamar Consols, 21 ; Tincroft, 24,3;
West Prances. 33, 35; Tehidy, 225. 6r1.; Lady
Bertha, 22a. 6d.. 23e. 6d.•. &stride Console, 8},;;
Gilmer, if, 8; Nanteos, 17s. 6d.

From Naples we learn that the fortifications of
Coosa an being activolyinialted on, ander the direction of
a itaamiaa agar.

A