The Express.
London, England, 1865-08-18 00:00:00

GUST

10M PARIS.

Rh VRESB

vAsSiErlt AND
(4111111r0173 TIRE AT
14VAIPOBSBN BY.—(THLS DAT.)
••• • --....
°
tillOit On own cossnerasonwr.) ._ This Morning, between 12 and I. Wad', • c••-..
\ stable of the D Orkin, os duty ear the Inowitgroor
PARIS, TZUDADAT Ivismfa- Oenutory, wan smoke laws hen a part al the weal se U
The financial world is at present occupied in the th• €7'storP,
alt
mi"danasser as I", weibtak.9"4/41 13..7
discussion of the means by which certain stook has D &mapn to silo or k mot uma
we!. Km Ow felloweill
in the last few days been forced up in the market. several Ira
It has been by di•oounting large quantities of Elio- I salmetrme...fe:l74,„, eateemelmmeeemeh. B"C'emirmiimeaof4ortrosafabi .tt
biller and North of Spain. To make this opera- I rush wee tbe hearthionatastraetTOM Lb:
pa noenbeieede
at
tioh• and its awe' intelligible to the maw it is Ic4 coumbs
ld be got up. It wee thee Ispeedbie to
necessary to explain In u few words as passible the . isp • ace the In OWN. sad as • bat resoeree
mechanism of the French Bourse. The taw only ; • brigade men Ina Saab with • ki• Lima
than to the one Dow beteg seabed at the
1 recognises ready money transactions in which the pety..ehm, temieaim. m. eh
err a, am
I dock is delivered against a money payment within Iby the cream saltine. The MG the! 16.011 wist, ••1., ii, Is 11
twenty-four hours or six fiayr, according; Li the ; bill.m ests="aermeemeaLem form rMaeaadal': litr„sgimr wm rhoirl
nature of the stook—that is, according as' ik ii to 1 ia7.14 6.1-66 puticui. s, aviisasto seek essispooss. ;
bearer or nominal. There is a kW which lwast Tath"trd 7= tramegrt,a,Teeeleet Crere,,,:
\
punishes all bets on the public funds, hut limed .„,,,5,,,,,,,m gi atm, woes tad oess„ y. 42
it is so .worded that it menaces only the rains wore siznoil_t WWII losereds.___med,_ Akill . ,1
seller of stook of which he has not Ow :thel,":naitirordwillbui ware
abimil;....lon 74 :rat IZaa:earttee
titles in his possession, or the certainty of having be tbe ,otrotoo, &au obagotasc nata to ke
:them at the time agreed on for delivery. The I ars AM& as to the WOE 'SAW
Pm but to Lfieitevetasious us u yet Wed at..lbio•l
greater part of the transactions on the French I a o„ menkims
vallps Is co, arm:ipe ISLIIIt
Bourse are, however, notwithstanding this law, affair, eiiiely, • Ora ; GNI end up were
time bargains d terms, that is for fit courant or . 17):.°?,g7til th• , ; gillT did lee ePleetilnia"l
fin prochain, the end of the current month or of 1 Ow of sho oofflookoi boa piossii• Ufa. woli fieSii*
the mouth next ensuing. The buyer for the end I Wlicc_egfit 28 this ••• "4 is/ma-owls. ow swam
of the month has always the right to require imme- te.,,,ii,73:6—m0 ome 'lab 6 ap.
diets delivery of the stock bargained for on pay-
ment of the prim agreed: This is called the es-
-1 counts or discount. It is in fact a discount, for
commercial discount consists' in advancing the
amount of a sum not yet due, and the Bourse dis-
count is the transference to the buyer of the right
to the interest attached to the possession of the stook.
The rime bargains d pieta, that is, with the pre-
sent payment of a stipulated sum which entitles the
purchaser to take up or abandon the bargain at the
last Bourse of the month, is the most usual form of
speculation io France. The buyer at
;rime has
the same right of discount as in the simple time

ZEVINBIFT NSA A
DT HACKNEY WICK.
(YllB
At an early hour this (Friday) morning a serious
oonflagestle• *warred at the eadeuave firths-robber and
waterproof cloth res•iefseterukaoyerriedell..efesees.Cloorge
Spill arid OL, situate in the nest .
acres of
toria.park. The works occupy
ref
ground shuttles on the Lea River, awl are
the largest of the kind In the Eartuid of
Ludo.. The fir* wan diem:reared at about hail-put 1
o'clock, mill in the western porirou of the main works—
a umelionse of three loom, -seed for erring Forwews—
wile& wee feed to exam with suds, arid Whig
to their general combestibie character, the fn.
with rapidity, sad before as alarm eosld
Eder the immediate neighbourhood the whole odf he
ter miles roved wee brilliantly illuminate, we
eately the whole of the land etumeegines of the trip&
were desystehed to the Kum. t thaw Al-
tmann* no chum of us* the • main weal*
building in which the Are celebrated. the Brum
directed their auto towards ruing the other large moan
of the property. The 1•111411 continued to rage
floowithrs
unabated fury in the western building, the
and roof one after smother give way, and at
least& the datroctioa was complete. The at
also Noised soon • imp shed. SO feat by 60 feet,
which stood oe the west side of the works, and which wee
destroyed. The own of the ere soak' ao• be sesertelsed,
but it has beep surmised that it might hare mien hem
motion.
••••••••••=.I..imMINO

bargain.
This being the custom of the French Bourse -
seems that holders of stook haves fair right to take
advantage of it. Their adversaries have no scruple
in selling for the sake of lowering the value of the
securities they sell, and those whose fortunes are
invested in them have a right to use this and every
other such arm for the defence of their interesis. A
life of such speculation is a state of war. Certain
rules are laid down according to which the battle
must be fought, but so long as these are observetithe
losers have no right to cry out. The Credit
Mobilier and the group of stocks which it has
created have been for some months " bisared" by a
party called here Young Germany. So long as this
party was depreoiating these stooks by the sale
of quantities which they did not hold, they con-
sidered their proceedings legitimate ; but now that
the Credit Mobilier turns the tables on them and
demands immediate delivery, the counter-move is
denounced as illicit and a shameful snare.
While on the subject of finance and the Credit Mo-
bilier, I may mention an article in the Constitution/sal
of this morning on the results of the late City Loan.
There is a reduction of one-third in the number of
shares applied for, 899,964 having been sub-
scribed for while there were only 600,000 to
be issued. Of these 339,314 were taken by
30,000 clients of the Orsidit Mobilier, giving an
average of 11 for each person. The loan has been
most successful, especially from the large number
[of small holders, which is stated to be Sys times
as many as offered for that of 1856. The committee
[ named by the municipality to watch the operations
acknowledges that without the assistance of the
Crfdit Mobilier the success might have been lees
considerable, and at all events would not have
been so rapidly obtained.
The evening papers report in contradictory
terms the movements of the Emperor. It seems
decided that he will not come to Bt. Cloud
for the present, bus that after an excursion to
Mulhouse, which he has gone to visit with the Em-
press, he will return for a fortnight to Fontaine-
Mesa. The death of Don Francisco de Paula
having put as end to all ideas of an interview with
the Queen of Spain, the visit to Biarritz may have
been given up. In this case the political course of
baths which M. de Bismarck proposed to take at
that celebrated watering place will hardly be so
conducive as he had hoped to the health of the
Prussian monarchy. He and his master are ex-
tremely unpopular in Frame, but as all the com-
ments of the press are based only on conjectures
regarding the interview of the sovereigns at Salz-
burg, they have no value for your readers.
To-day's Bourse has been extremely lively. The
bears made some desperate efforts to establish a
counter movement, but notwithstanding a fall of
100. in Rente prices were well sustained, and a
rise in almost all descriptions of stocks seems
assured.
The news from Marseilles represents business as
stagnant in consequence of the quarantine esta-
blished against arrivals from that place in the ports
of Spain and Italy. The merchants express great
discontent at the conduct of the authorities, who
did not take in time the precautions which would
`have saved them from this inconvenience. The
disease itself excites little apprehension.
Z
_ The poet did not deliver the Daily News to-day.
I -----------•

SHOCKISO AMORTON CCIDINT OJIALLW AY.N !NE LONDON AND

--e— -
Mr. W. J. Payne, deputy-A:Groner for the Oity 1
and doailiwiolc, bald as inquiry last night at oafs Heaphal
touchiog the am* of William Bmidore, wed te years.
The deceased was on Moodily lees at wick ea the
London sad Mattock Railway aim at Morley unkading
some coal tracks for his employer, Mr. Mess. of that
place. An eaginedriver bebg about to Wog in a trate
of seven traoks, called to the to get oat al the
de did so, sad said, " Ali right." Bat
as the tram was amnia( tip the destased steeped en to ths
rails again to remove • pises of coal whisk he saw
there. Hs wee knocked down sad the whisk of the
mom tracks pawed over bias. Me right leg was eat elk
mid he was frighdall injured ; but se, stance to say, b•
still survived, be 1/1111 up by train to Guy's Hospital,
where, however, trsatmcot proved univailleg, ad be died
godly after.
The Coroner having summed cip.
The jeuy returned a violist of " Aacideatel Death,"
and recommended that some responsible emus should be
employed at the goods Bihar of railways to see to the
suety of the workmen, e
au
lump them clear al the rails
whoa trains were aproselliag.
1 Laspester 0/mentor laid that be world communicate the
reomammdatioe of the jury to the authorities of the
Brighton Railway.
...cv