The Express.
London, England, 1848-11-07 00:00:00

was in aisamunketion with Mrs. Prides's., inhabited a'
miserable lodging in Gun-alley, 'rower-bill, tor which he
paid a weekly rent of Is. fid., sad that be (the sergeant) also
&sanitised that he had never been in the East India Cont•
pang's &once. —Mr. Cottingham said that he was dais poi-
gams of Wage from Downing.streetaddraud to the prisoner,
sad that it appeared he weed the habit of es.hibiting dentin
order to Waco a belief that he wee a person of amesquare,
end is enensunication with the &attainder of the crown
The sergeant also produced a letter which was fund in
Hodpson's promesion, and from the contents of which it
would appear that he had formed an asquistaacie with
another -female, to whom be was abut to set in a dial/
monad as be hod previously done In Mn. Fitsjuswes OW.
—Mr. CotUrigham observed, that the documents sad papers
before him sh, wed that Hodgson was more deeply engaged
in fraudulent trunnions than was at mimed It
wee quite manifest that he had been fora length of time
carrying as &system of fraud on tradespeople, aided b 7 his
fellow-prisonen, to a very great extent; added to which it
sew appeared by the letters produced that he bad prac-
tised the most gross deception upon women, for the purpose
of depriving them of the little property they were possessed
of, and rendering them completely destitute. He (the
magistrate) deemed it indispensably necessary, for the sake
ei public jades, to sift tie charges against all the pissems
to the bottom, with a view that such an organise & pis d
swindlers u that to which they all belonged damn be
broken up, and they punished according to their deserts.
He should therefore remand all the prisoners until next
Monday, when the depositions should be taken and they
committed for trial.
LAMBETH.-Bwftstmans AND FALIII B ces
W. Griffin, alias Banter, was further examined an various
elargas of swindling, and also on a charge of forgery. Oa I
the former examination it appeared that the prisoner bad
obtained from an oil and colours= in Gibson-street,
Lam-
beth, a cask of colouring to the amount of 171., by giving a
false reference; and in addition to this Mr. Frances, a house-
agent, in Mile end, deposed that the prisoner had obtained
possession of a house and premises near Beaumont square,
by actually giving ref ream to himself. When arranging
for the premises he gave the name of Barker, and gave a
reference a Mr. William Griffin, within on his (Mr. Frances),
writing to a different person, as he supposed, he actually re
eeived a letter in the prisoner's own handwriting, giving
himself abigh character t Laughter.) Not suspecting the trick,
bogus him postman of the house and premises but before the
first quarter's rent became due he disappeared, and the next
thing he beard of him was a proposition on his part to di•
pose of the key and some fixtures on the premises (which he
had not put up or paid for) at a moderate sum—Mr. Bar-
nard, an artists' colourman in Oxford-street, said he had let
the prisoner hays goods to the amount of 71. on his repre-
senting that he was an artist by profession and wanted them
for the use of his pupils. He had also given a reference to a
person named Turner, who gave him a capital character, but
who was just as bad as himself.—Mr. Palmer, a carpenter at
Mile-end, produced a bill of exchange for 3L 65., which the
prisoner had accepted in the nano of William Barker.—Mr.
German, a coffeehouse-keeper in Deals-street, Holborn, de-
posed that some time ago he let a coffee-house in Lambeth.
walk to the prisoner for 601. For this he gave him two bills
of exchange for 301. each, and soon after disposed of the
house to some one else. The bills, which were drawn en the
National Bank of England, were both dialionoured.—The
primmer was remanded for another week.

MONEY MARKET.
MONDAT EVIIIINO.
The fluctuations in the prices of public securities
today were not such as to afford any decided indica-
tions of the state of the account which comes on for
liquidation the 14th inst., and which usually begins
to engage the attention of speculators and jobbers
some ten days beforehand. Consols were bought at
88 on the commencement of business, but subse-
quently declined to, and were sold at, 851 for
money and this account. A sale of 50,0001.
was reported, moreover, at sal for the next
account, which was interpreted as a sort of
ruse for keeping prices low, so as to procure more
readily the requisite supply of money stock, for par- II
ties who have speculated for the fall, on more easy
conditions when or before the settlement arrives. The
market was not, however, further depressed by these
sales, but rather showed more firmness, so that, when
later in the day some purchases of stock were made
for immediate transfer, and more still for account
when no more money stock was to be had, prices
advanced at once to 861 buyers for a short
time, closing with a strong market after
all at 86 to 1 both for money and account.
'teat/cod Threes were 841 to 5. Three-and-a-Quarter
per Cents., 851 to 4. Long Annuities, 81 to 9-16.
Exchequer Bills were lower at 375. to 40$. premium.
India Bonds, 375. to 40s. pm. Bank Stock, 179 to
181. Ina Stock, 233 to 235.
Continental affairs weighed upon the foreign
market, and discouraged business as well as prices.
Dutch Two-and-olialf per Cents. were quoted 45 to
6 ; the Fours, 69 to 70. Belgian, 69 to 71 ex-divi-
dend. Russian, 98 to 100. Spanish Fives, 11 to
the Threes, 23 to Passives, 21 to 3. Porta-
gums, 231 to 41. Mexican were worse at 201. to
211. Brazilian 72 to 4. Milian, 82 to 6. Peruvian,
32 to 4. Danish, 62 to 6.
The money, stock, share, and produce markets are, as
generally remarked, of a marvellous similarity of con-
dition at the present moment, in some respects, if not
altogether. The reduction of its minimum rate of
discount by the Bank of England, from 31 to 3 per
II
cent., although it hastened a further reduction in the
rates of usance in the stock and discount markets
was no otherwise the determining cause of that =duo- I
tion. Long before the Bank moved in the matter it
is notorious that money, =measured by the interestit
would yield, which of course must be its true test of
value, was daily becoming worth less and less, and,
supposing the Bank had delayed to make any alteration
for a week or a fortnight forward, the result could not
fail to have been precisely the same, with the differ-
secs of time only. With a superabundance of money
at capital in the market, and an excessive competition
among the possessors for the means of its employ-
meet on the beet terms possible, it is quite evident
&gin the continued race, those terms must be cut
down gradually to the very lowest point, as must
be the rule and the fate of all competition where
supply may happen to be extraordinarily. in excess,
and demand extremely limited in comparison. Thus,
and quite irrespective of Bank of England influence
or movements, for the event was in rapid progress of,
consummation before, bills at six months' date are not
only admitted to discount now in the general money
market at the moderate charge of 3 per cent., but
they are sought after and competed for—good bills of
course. Three months ago only, bills at such a date
would have met with little if any favour at all.
Three months' bills are readily accepted at 21 per
cent., and less, the sole complaint with discount-
houees being that the quantity offering is not so con- II
sidemble as might be desired. Money, therefore, as
an article of dealing is in excess, with little demand,
and comparatively unproductive.
With stocks, or public securities, there is this differ-
ence, that they are more in demand, and yet do not
command any commensurate advance in price. Con-
sols some short time since were of more value, when
money obtained better returns ' • consequently, now
that money is worth less Consols should command
higher rates, yet such is not the fact, but the reverse.
The anomaly can only be accounted for by political
causes, for there would be no want of Consols at
market if the supply of money should be scarce, and
its rate of nun= rise to, say, 5 per cent. As it
we know that Consols are of so much more pi esent
worth, that, for the loan of them for two months,
mor.ey to the extent has been offered to bankers free
of any charge for interest at all.
Little need be said about railway shares, the supply
of which so immeasurably surpasses the demand that
buyers are scarcely to be found, whilst, as a security,
money is scarcely to be obtained upon them on any
terms.
So also with respect to produce, say sugar, tea,
coffee, &a., &c , such is the overplus of stock, as
compared with the limited regularity of consumption,
that masses cannot be moved, and prices remain as
depressed, and as far from recovery apparently, in the
midst of a plethora of money, as last year when
money commanded 12 per cent. and more, and was
then not to be had on =eh securities at all.
=ewe rustle.
Stock 179 I ladle Honda under £l,OOO, 40 37
Bank
!.10er St'l. Close* for Aect.,B6 Stfe
canna Aeor..M,llsek_tat. £l,OOO, , Nardi.
o. JUDO.
Mareb.

81.1
rte. 3t per Ct. Alute,r6t 61
Loss we.. esp. Jae. 6. 1340.
~1691 d
India stuck.l.l3
India Ponds. £1.400.40 37
1,01121011
3 per Ct, Peoldt Bondi. In% 64
'lva Ct. Mellow 1844, 21131
4 per Ct. Portugueve Bowie. 74
EXCHANGES lin
IlLteso, OCT. 90.—Iliree per
IN cod Five per Ceuta, 9
Peewee, 3t din
of St. Fathaaud, 42 amoh. Esahao

40 369 ,• 24...
Mao, DOS, lid., 38: 24.,
Jane, 36
Ditto, tlmaD 254., March. 23
24., June. 31
POND&
122 pet Cent. Dutch Exchange, 12
Oull., I
4 per 01. Mao Ceramics, 641
['PUCKS ABROAD.
perm
alter hle 5-16 g
o;b% sitari Bolas,
le p 9 cash.
cash. Coogan., 3 paper. Beak
ige au London. 48 60.

RAILWAY NEWS.
The share market was heavy, and looking down in
the early part of the day, but towards the close of
business showed more firmness; the quotations, how-
ever, without sensible alteration.
MISCELLANEOUS NEWS.— PAWS TO SCEsui.—
,th the ethetheg at this company in Put., on the 27th nit. which err
op:lgrepsentery one, a committee of worn was sk
to wawa, with the dress:we In defirteg the hat 1108101 gar
miriade, the esessany from its yeast embattlements. The nest
gems& mean will not be emend until this eamssittee is ready to
report