The Express.
London, England, 1851-12-13 00:00:00

By last advice' the price of gold at Hamburg
is 4281 per mare, which, at the English Mint price
of 3/. 171. 10!d. per eunce for standard gold, gives
an exchange of 13.61; and the exchange at Ham-
burg on London at short being 13.7, it follows
that gold is 0.110 per cent. dearer in London than
in Hamburg.
According to the last accounts the course of excluango
at New York on London for bills at 60 days' sight is
1101 per cent., and the par of exchange between
England and America being 109 23-40 per cent., it
follows that the exchange is nominally 0.92 per cent.
in favour of England. After making allowance for
difference of interest and charges of transport, we
find that the present rate leaves a profit on the im-
portation of gold from the United States.
The account of the position of the Bank of England
for the week ending the 6th Dec., is as follows :
HAN K EN ULAN U: Amon. for the 1,..e% milor ire:. S. 1151.
16.f11, DR-- -
Neter t.me

802.838 I
11/IPRISD DI
Proprietors' C 411: I w•
Hot
L'abl.lB Deposits ;Inrlod
Ex:lw, Bay. Woks
C 0111,16. of Nadonal
Dtbte.ilDiv..B.4.x.l 8 t•77.^.1 4
Otncr
andlthoz...Bll. 1,1480,*;

Dec 11, 131. L'46,462.40
M. MARSHALL. Chief c.hter.
The above returns, when compared with those for
the week preceding, exhibit the following changes:
Circulation Issue
Circulation active 18,8i1,:43 neert,liC 308,960
Public dioodts 8,077,311 Increase 332,290
Other deposits

LILT 31••?.
Onvenonent Debt.— £11,01%1(0
..ther rzecun. :4.
CIAI Cell al I J.:IRJ° 15,8/1..336
Alva Bullion
EAFO43O

Uo~irame
Pe.. 1 weight
SI MAUNA
11.L47.013
voka 10.0 Pt. 4
.

£ '4332,44

lierllllicut securities in
banking department 13,241,768 Without alteration
Other securities in banking
department
Coin and bullion in both

department.
Seven dty and other bills 1,1.16,663 Decrease 17,817
The Rest

The lieservo ll 1 , .
101 079 Increase 7rA,167

This return presents the sane features as noticed
for some time past, but the increase in the item of
unemployed notes and in the bullion is even more
marked than of late. The stock of bullion is rapidly
mounting up to seventeen millions, a figure M hich
it may reasonably be expected to reach before the
commencement of the dividend payments in January.
According to the offiehl returns published in the
Gazette of last Tuesday, the total note circulation of
all the private banks of England and Wales, during
the week ending the 29th of November last, was
3,433,-1671.; in the week preceding, the amount was
3,173,117/. There is consequently a decrease of
41,&0!.
The note circulation of the joint-stock banks during
the same week was 2,740,931/.; and the previous
week's return being 2,778,198/., the decrease is shown
to be 37,2641. . . . . . .

On taking into consideration the active circulation
of the Bank of England, which in the week in ques-
tion was 19,223,1631. (being 131,735/. less than the
week preceding), we find the aggregate note circula-
tion of England and Wales to be 23,397,8661., which
shows a decrease of 171,401/. as compa►ed with the
returns for the previous week, ending the 22nd of
November. _ _

As regards the fixed issues, the private banks were
1,264,698/., and the joint-stock banks 669,043'. below
the amount authorised to be issued, making a total
of 1,933,661/. below the fixed amount.

NNOLISII FUN I ou.—Tiii... D/T.
lianit Stock, `2141119 1 Long Annuities, slut t
31. ', Ct. Ittduccd, rot 97 India iiteek. but
3 per CL C 011.614, ..fiat Ditto 1i0n.1,1,000/., fin. rle.
3t tier CL Consuls, 97f i k:acheriuer IMO. I,etOt. 4.e. 525.
Corwin for Acct., Jau-19, 991 0 id

FOILMG

perAT!.ll.elglan, 87 9
re. New,
per CL Neu, Alm.. 1711
pur etoilian, N 7 1,.(1
per eL (711111.31 t. a 4
3 per Ct. lvtrit, 7.4 7
2i per (Vt. I ooteh,

FUNDS.
3 p per 1%. Mettemn.,
r. 51
rr Gt. Puruvieu .
DPW Lakin:3. 4481 60
6 per Ct. Dortuguirt. 90 3
5 per Ct. Burilaa, 110 12
44 per et. Ituritan, Re 4
6 per 41. Spauret, Active. 2)
3µx lt. Ninui.h 391 404
Do. Hahn, 41 52
22 pre Ct. Vito:twilit. 33 5
00. Deferv..l. 11 13
C0nt..114 11.

CG liuccs, 6d Y:1
Equa.lot, Ra
I par C 5. 111,41.1.
5 1.

TRAFFIC RETURNS FOR THE PAST WEEK.

)like o;vned.

rose et Railway.