The Express.
London, England, 1855-10-09 00:00:00

COMMERCIAL AND MARIBTA

MINCING-LANE.-THIS DAY.
Eigozg —The market has opened with a quiet appearance,
load the public sales are prngrwiag without spirit, at last
week's currency. The refined market steady, without
alteration in prime.
Conan.—The public sales are going off without showing
any material alteration in plate.
Tau.—This a title continues to have a firm appearance ;
common Congon sold in public sale at 8; "all faults.
BALTPITML—,SOO begs refraction 8 sold in public sale
at 375.
&mg.-1,500 bags white Bengal sold in public sale at
144. dl. to 154. 6i.
firicza.—Cassia Fines sold 1245. ;_nutmege, 2s. 2d. to
34.91, , mace, 2t to 2s. G. Cloves, Penang, sold 10d. to
I.of 1.: Zanzibar, 50.
Aug.—The market has an upward tendency.
In other article. no material alteration.

TALLOW MARKET.—THIS DAY.
The Tallow market 14 steady, with a fair demaad.—
Peteesburg Y. C. on the spot is quoted 60e. 6d. ; October to
December, 608. ; January to llareb, s. 3d.

SMITHFIELD HAY MARIET.-THIS DAT.
Mr. D.. 1. Davis reports trade at the following prime :
Prism Meadow hay, 100 s. t" 110 e.; superior, 116 s. to 1205.;
Inferior, 70s. to 80s. ; Rows's, 70s. to 85e. ; clover, 100 s. to
1804. ; second cut, 90s. to 120 t. ; straw, 281. to 32a.

EUROPEAN WHEAT AVERAGES.
TO TR' IDITOR OR TR' 'IRKS'S.
811,—In the present critical state of the oorn
markets of Europe, which seriously affects the current of
gold flowing both from Australia and California, it may,
perhaps, be considered interesting ti show the relative
asosal average prices of wheat during the last twenty-en
years In the principal coantries of Europe.
The free trade in wheat which now exists in this country
(for the trifling duty of la. per quarter will scarcely inter-
fere) must tend to make England the universal mart for all
corn-exporting countries. It has, however, been observed
that as long as any other country has a deficient supply, the
market price here must be influenced by the demand
thereby creatad, and it will rise to the level of the pries in
such country, less the expenses of transport and profit. This
difficulty is counterbalanced to a great extent by the constant
supply under free trate, which prevents the recurrence of
famine prices, except when bad harvests are very general.
It is not very long ago since capitalists were trembling
under the apprehension that the new and great supply of
gold would rapidly increase priers and lower the rate of
interest, and even our financiers endeavoured to meet the
popular opinion by creating a Two-and-a-Half per Cent.
Steck. It will be found that such great changes can only
take place slowly. A very trifling annual addition made to
the money value of say commodity will is a century assume
a gigantic amount. We have seen this take place in the
century following the discovery and the introduction of the
precious metals from America. Vast as the amouat of gold
may be which is now annually poured into the world
y,' still the effeet pronuend is only a percentage on
the gross existing amount; but of what that amount may
be, we have only a very vague ides. I believe that I might
very lately rediet that gold will continue for many years to
maintain its value, and that the power of absorbing it from
the commercial market will go on till a gold circulation will
exist far more universally than at present, without antici-
pating the possible event of a diminished supply.
In • few days I intend to mak. up the weekly average
prices of grain in England and Wake for the year esdiag
Michaelmas-day lest, as tho result may be useful to the
landowner azd the farmer in fixing corn rents, which I hope
soon to us more generally adopted —I am, iftc.
CHARLES M. wiLLI6H,
Actuary University Life Assurance Society.
1.1, Suffolk-street, Pall mall, Oct. 6.

ANNUAL ATVRAO! PRICE OF MUTAT MA lIITMIAL cumarca
i$ LAND, PAANCS. UFLO,EM ANT PROABIA. ISJ4 -1011.

....._.
_
Amer.ge 'owe per Ixoperirl (Wrier in
Fortbeyear. I .----- ~
flogland. glum. .1131400514. thisda.
—......------_. --_ _
S. . S. . I. . 5. ct.
11123.
1429 66 32 14 33
1830 6l 31 1 47 24
1431 66 61 if 1 42
1331 6B 80 48 64
1433
1634
39 1.5 34 24
1436 43 40 36 23
1437 63 1 43 $8 25
1836 G4 44 49 SS 1
111311 7O 61 35 40
1840 ......
1841 6l 48 46 85
1841 67 46 81 SS 1
1843 5O 47 41 86
1814 SI 41 1 41 30
1646....„ 6O 1 43 1 46 1 34
1846 ...
1847 l9/ C 7 72 39
1818 3O 38 . 41 83
11849
16154 4O 33 37 31
1831 l4 39 33 51
1451 4O :t I 47 38 7
.1833 ..- 53 53 38 43 94
-- ----------
26 1,413 1 1,184 66 1,261 906 34
-- ---.--- —.—.
1,404w1011 34 10 63 61 44 81 104
26,194w0.
1114 . ... 7l 3

and 23

• Takata IN bonding at 2.9 to tne taperol gust ttr,
to to. penal stmellsr.
••*Takla. No sabots) at ti to time imperial quarter, sal 2CO allow
tremolos to the pound steeds'.