The Express.
London, England, 1852-02-02 00:00:00

SATCIIDAT EVENING.
The discount market continues to be affected by
two circumstances, the abundance of money, and the
want of political confidence. Two per cent. may be
called the rate for first-class paper, and for money
at call 1 percent. is as much as can be got. The
joint stock banks have officially announced the re-
duction of their rates on deposit accounts to 1; per
cent. The large corporations arc taking up money
at 31 per cent., and the Equitable Assurance Com-
pany tinds it worth while to sell out stock for such
loans. The plethora of money is made more sen-
sible by the delay of the public in investing the di-
vidend money, as many persons arc holding back,
waiting to ace the play of prices.
The first series of colonial wool sales are fixed for
the 19th February, and it is not expected that more
than 20,000 bales will be brought forward; the stock
at present is about 15,090 bales. The date for the
commencement of the sales was fixed this day at two
o'clock.

The imports of bullion and specie during the week
have riot been quite so large as of late, they include:
600,253 dole., by the Africa, from New York ; 8,000
dole. by the Gorgon steam sloop, arrived at Ports-
mouth from 'Valparaiso; 310,000 dole. by the Frank-
lin, from New 1 ork, of which, however, only 100,000
dola. in American gold were for London ; 2,260/. by
the Peninsular and Oriental steamer Madrid, of
which 7101. was from Gibraltar, and 1,550/. from
Lisbon; and 1,0001. in gold dust by the Hellespont
from the Cape. We have here a total value for this
market of about 150,000/.

Reports have been afloat of very large skipmcnts
of gold coin to the Australian settlements in con-
nexion with the gold mining companies. It is true
that shipments have been made, but with regard to
operations to the extent spoken of, we believe they
arc prospective.

The total amount of the precious metals exported
direct from London during the week ending 'flturs-
day last is officially stated as follows :—Silver coin :
to Rotterdain, 80,000 oz.; to Boulogne, 539 oz.; to
Belgium, 1,500 oz. Silver bars: to Itotterdam,
42V100 on.; to Dooltitit, 80,000 0t.3 to
1,189 oz. Gold coin : to Boulogne, 160 or.°ll7flo7d
bullion : to Sydney, 580/. This gives a total of
nearly 40,0001.
'l'llo exports from the other ports, so far as re-
turned, comprise only a aunt of 1,25111. by the Euxine
to Constantinople. The total exports from the king-'
dom may thus be taken at about 41,2501.
From l'aris we have to report a slight decline in
the exchange on London and in bar gold.
An analysis of the railway traffic returns of the
United Kingdom for the last week, published by
Ilerapalles Journal, shows the total receipts on 6,42'7
miles to be 238,251/., or at the rate of 371. per
mile per week. The total receipts for the correspond-
ing period of 1851 were 223,615/. on 6,269 miles,
or 351. 15s. per mile per week. There is thus an in-1
crease in the
.aggregate receipts of 14,6361., or 6.54
per cent.; an increase in the mileage of 158 miles, or
2.52 per cent.; and an increase in the amount received
per mile per week of 11. 50. The Railway g'imes
estimates the total receipts since the Ist of Jan. at
908,6151., which, on 6,349 mica, gives an average of
143/. 2s. 31d. per mile, and as the amount for the
same period of last year was 858,7301. on 1,136 miles,
or 1391. ltts. 1 lid, per mile, the balance is shown to I
be in favour of the present half-year to the extent of
31. 3s. 4d. per mile.

ENGLISII FUNDB.—Tnie PAT.
Bank Stork. 216 17 Loon A.m.Dom.
3 ptr Ct. Iteduce.l. PT I India Stork, 2E161
3 .ar Ct. Gunoole, 06.1 Ditto lion.lej,UW.. TM. 731.
Ditto tor amt. 061 ED:harmer DUD, UAW. be.. 61a.
liver Cc. Cut. 0.4;.. :xi (
FOREIGN niNna.
41 per Cl. Beignin, 913 3 per Ct. Merlean. 31i 34
5 ii..,11..iti.01.M. lan, e 3 6 6 per Ct. Derurian,_93l 4.1
Ditto Dererrat 461 7
4 per Cl. Iliteuor Arras. 40 51 6 per CI Donator", A 2
6 per Ct. Ckilian. 101 103 6 per Ct. Itivalan. 111 14
3 per Cl..Clillian, tO 5 41 per Ca anemia/4100j 1
3 par Ct. Iktnieh, TA TA 6 per Ct. .I,atillif, Anna. 331 I
11 par Ct. Dutch. n7+ 185 3 pee (IL Nourish. 4(41
4 pet VC. Patch. 09 k Do. ra,..tro, 54 4
E 100.94, 34 44 7.1 per Ct. Vtneruala.'3s 37
1 pig Cl. tirosaida. 15 IT . Da. Deferred. lii 13
klanlinnia 6 per Cent.. Gil to 02.
LATEST FOREIGN EXCHANGES.

MADRID, JAN. 27.—Three per Cents., 384; after
Boise, 381 c. Now Three per Cents., 19; after
Boise, 19p. Coupons, 91; after Bolas, 91 c. Passives,
6 9-16 ; after Bohm, 6916 c. Bunk of St. Ferdi-
nand, 103 c. Exchange on London, 60.90.
BERLIN, JAN. 30.—Voluntary Loan, 1021; ditto,
Four-and-a-Half per Cent., 1011 ; National Debt,
89; Commercial 41arine, Bank Shares, 973.
VIENNA, JAN. 30.—Five per Cent. 1116talliques,
941; Four-and-a-Half per Cent. ditto, 83,1. Bank
Shares, 1,202. Exchange on London, 12.23.