The Express.
London, England, 1855-08-04 00:00:00

BANK OF ENGLAND.—An
Sill Vie., c. 31. kw the vreek I

A, pursuant to the Act 7th and
uu Saturday, July 211,1855.

—.. ~.r......,...
Notes trued f:24743,4eu I Government Debt..... £.ll,ol6,l'4Uther Securitim .. 2,98400
Gobi Coin and Bullion 16,745,990
I Silver bullion

1,29.74.5,9 fie

129.745.990
sensual on ???? am%
Proprietors' Coital . ...j14.653.e00 Government Demoitka
Not 3.2.56.786 Unclad. Dead Weight
runic INipomi,;liiieltvi: Annuity) .. £13.092.523
Evelied„ Far. Other iineuritlcs
Commie. of N mitt , Norse
Debt. end Div. data) 4.221.408 , Gold arif.gliree Dad .4‘,2
Other Depot,. .. .. .. 11.884. 28
berta-day fuel otherlillis 1.511,035
-----
435,0:437
Aoguet 2. 18,56.

w..nler.

FRIDAY EiININO.

The English funds opened quietly, but towards
the middle of the day experienced a sudden rise of
ti per cent. A reaction then set in, and the closing
quotations were only 1 per cent. above those of yes-
terday. A variety of considerations were referred to
as prompting the rule of the morning, including ru-
mours of a success before Sebastopol, and the publica-
tion of statements imputing to Russia a desire to
treat for peace, but, apart from a feeling of sympathy
with the recent upward movement at Paris, the
market is believed to have been chiefly influenced by
the weather, and by the explanations made by the
Chancellor f the Exchequer last night. From these
it appears that government merely take power to raise
• further amennt of four millions, if required, in Exche-
quer Bills, with the option of raising a portion of that
amount in Exchequer Bonds, redeemable within six
years, and carrying not more than 4 per cent. inte-
rest. As the Chancellor intimated an expectation
that no portion of these 4,000,0001. of unfunded secu-
rities would be required to be placed on the market
before next December, any anxiety which may have
been entertained with regard to the financial position
of government is proportionately relieved. The reac-
tion of the afternoon was probably partly caused by
the continued demand for money. In the Stock Ex-
change the rate on government securities has risen to
3 per cent. In Lombard-street also a very active de-
mand for money was again experienced, and was
partly attributed to the influence of the heavy pay-
ments made into the Bank of England at this season
to the credit of the Treasury for duties and taxes,
coupled with the preparations for to-morrow (the 4th
of the month), which is expected to prove a very
heavy day in the money market. The payments above
alluded to, as made into the Bank, however, tend to
increase the loanable resources of that establishment,
which has to• day found employment for some consi-
derable sums of money on discount at its fixed mini-
mum of 31 per cent. The rates of discount in Lom-
bard-street and elsewhere show a tendency to ap-
proximate towards thwee of the Bank, as compared
with which they have hitherto shown a sensible re-
duction.

Consols opened at 90/ to 91,rose to9ll to sand were
quoted,et the close of the house,at 91 to /, both for money
and next Wednesday, The official business report is as
follows :—Three per Cent. Console, for money, 90/,
911, 91, 911; ditto, for account, Bth of August, 91,
911. Three per Cent. Reduced, 91/, 91/, 92.
New Three per Cents., 921, 1, j, Long Annui-
ties, expiring in January, 1860, 4. Bank Stock, 214.
India Stock, for account, 234. india Bonds, 31e.
prem.
In the foreign stock market the chief fluctuation
was in Turkish, which advanced suddenly from 901
to 92, but had relapsed at the close to 91 to t. This

quotation is nearly 1 per cent. above the final rang
of yesterday. Grenadian, Equador, and Peruvian
Bonds were again in favour.
The arrivals of foreign grain into London this
week have been moderate. As regards floating
cargoes importers show little disposition to meet the
views of buyers. Indian corn is especially held with
finesse& Few cargoes have lately arrived off the
coast.