The Express.
London, England, 1847-06-25 00:00:00

POLICE.-Y, ZSTENDAY.

MANSION-R oUSR:JALLtroaoiono- CRY. Henry
Hubbard was charged on suspicion of having committed a
forgery upon Olyn's banking house.—Mr. William Thomas, I
clerk and cashier at the banking house, stated, that on the
19th of June a chitin' for 1401. was presented to him by a I
youth, who appeared to be 16 or 16 yearn of age. Witness
paid the cheque in two 501. notes(the numbers of which were
90,858 and 84857, and the date 6th January) and 40 sove-
reigns.—Mr.
John Fenton, of 79, Mark-lane, wine-merchant,
stated that he kept an account at Mann. Olyn's, and the
prisoner was his clerk. Witness had been in the cosiest
habit of seeing the prisoner write, and believed the writing
in the cheque to be the prisoner's. No portion of the cheque
was in witnem's handwriting. The prisoner frequently
filled up documents for witness at the custom-house, but
could not have seems to his cheque-bock, which
he always kept locked up its his drawer. Witness frequently
left out a cheque in a drawer in the counting-house, filled
up for any person to whom it was to be delivered.—Mr. R.
J. Sykes, clerk in the issue department of the Bank of Eng-
land, stated that he paid gold for the note numbered $4,837,
for 501., to a youth who, he believed, wrote the name on it
at the saunter.—John Forrester, the officer, stated that be
the prisoner in Mr. Fenton'a counting-house,
Zwisadea
lead oa him some pieces of paper, on which Mr. Fen-
ton's ems ked been imitated in pencil and in ink.—At the
request el lle. Bash, the solicitor to the Committee of
Bankers far Preeeetion from Felonies and Frauds, the pri-
soner wee remanded.

MONEY MARKET.
THURSDAY Eminga.

The stock market has been Arrast;iprroe
were indeed a shade better, but quiet as to business
Consols were for some time quoted as low as 881 to 1,
but left off 881 to for the opening. Reduced Threes,
881 to 1. Three-and.a-quarter per Cents., 901 to 1.
Exchequer Bills, 6a. to 9s. premium. India hods,
3s. to Bs. premium. Long Annuities, 9 to. 1-16.
Bank Stock, 196 to 7.
Very few transactions were marked in foreign
securities. A bargain, rather a rare occurrence, was
done in Austrian Fives at 106. Brazilian Old wen
821 to 44. Mexican, 20 to 1. Spanish Fives were
lower, at 22 to 1 the Threes, at 341 to I. Portu-
guese, 31 to 3. Dutch Two-and-a-Half per Cents.,
581 to ; the Fours, 891 to 9. Prices came better
from Amsterdam on the 21st instant
The Henry Clay packet ship brings a slight decline
in the rates of exchange on England on the 7th inst.,
at New York. The quotations were 61 to 7 nominal
premium, with a heavy market As, at the higher
prices of breaclsluffs which followed the arrival out on
the 3rd of the Hibernia steamer, with accounts of the
excited state of markets in orope on her leaving,
there can be little doubt that every exertion would be
made to send forward all that was available on
the seaboard, and should reach from the inte-
rior, we may look for large arrivals of corn,
flour, and provisions for some time to come.
The effect of such shipments would be, if drawn
against at oace' to reduce the rates of exchange
still more, although merchants connected with the
American trade do not apprehend that they will fall
in any case so low se they were a few months since,
when specie was so extensively shipped from hence,
or so low as 108. It may fairly be calculated, more-
over, that, as textile and other wares have been freely
going forward from hence to the Union for some time
past, the proceeds will to a considerable if not the
whole extent serve to balance the account, and keep
exchange steadier. It is more than probable also
that a large proportion of the bread stuffs which may
be expected would be dispatched on sale and return
or consignment account, or for the chance of other
European markets, and might not therefore be drawn
against forthwith. With the remembrance so fresh
of the recent money crisis, merchants here would be
cautious in the despatch of orders to the United
States to any extent that might commit them to en-
gagements which in a possible adverse state of the
money-market might prove inconvenient.
The Bank directors held their usual weekly board
to-day without making any alteration in the rate of
interest This abstinence from action corroborates
the opinion heretofore expressed that the reports cur-
rent of a contemplated reduction in the rats were
without foundation.

iciiicetifrom St. Petersburg to the 9th of June
mention a fact of interest to the dealers in money and
exchange. In consequence of a fresh accumulation
of specie and silver bars in the bank of lame el
the credit notes, the Emperor had directed the transfer
into the reserve cellars of the fortress of the sum of
12,650,054 silver rubles in geld coin and bars of silver,
say in sterling about 1,950,22 W.
The transfer took place on the lit of June, as
ordered. On that day the comptroller of the empire,
in the presence of the minister of finance, the mem-
bers of the council of the credit banks, and delegates
of the Russian and foreign mercantile notabilities,
summoned for the purpose, made the formal declara-
tion that the capital in specie and bars formerly car-
vied to and deposited in the fortress under their in-
spection remained there intact at that moment, and,
es
a further deposit was then to be made, he in-
vited them to proceed to a verification of
the amount in gold and silver thus to be
transferred. The exactitude of the sum having been
dilly verified, the transfer from the bank to the castle
was operated in the presence of all those assembled,
under an escort of infantry and cavalry commanded
by two superior officers. On the completion of these
formalities the parties proceeded under the prendenos
of General Count Levaschoff, and in the presence of
General Skobeleff, commandant of the fortress, to a
new verification of the capitals already deposited in
the eaves of the castle, which were found to exist in
all their integrity ; in faith of which the customary
act was drawn up and signed by all present.
This continuous accumulation of metallic rakes
would result, doubtless, partly from the produce of
the imperial gold mines lodged with the bank of
Wee aping notes, and partly from coin carried there
by individuals, and exchanged againstfact the state paper
aledot the p"Opunloarity of the new notes."
would
c ope seem
significative
verecy of Russia, and of the degree to which it has
taken root.
Accounts from Marseilles state that the amount of
the failure of Messrs. Forbin Janson and Co., the'
great sugar refiners, has been greatly
although, after all, of such importuneeam:g&e:alit
seldom to have been vrieseed there. The Marquis
Forbin Janson, head of the house, had attended a
meeting of the creditors, and laid before them a plan
of liquidation by which he hoped to pay them in full.
He proposed to pay 60 per cent. down on obligations
due, or as they fell due. The 40 per cent. balance he
proposed to be left in the refinery ao • working
capital, there to remain infil the proceeds should
e&M • eonqdete liquidation. The creditors would be
pennon ese esensismoile of the eemene till then, in
proportion te the ems so WI 011 r. The propositions
are said te have been unanimously approved, and •
deed in wahrwity to be la gnome et signature
Ve %nod petition of the moraintr, beakers,
sad traders of the City, is now in mum of ten!,
and It le =twill be n It is
a founds of the herehipe ea the
indmiT 1 'Muth, ley the raided", maidens
of the Zmie Chains Ad. Aldo* the hole de-
veloped in it will set le am to the mien of the
neither lip the iihroness drawn
f2"17; as
will derive an importinee where
all are embodied and avombed on the authority of the
chief banking and comma' notthilithe of the
co
It n
is try.
announced thine Inernela that the Bel
gotwaskiat was alai Is public a dames d