The Express.
London, England, 1851-09-22 00:00:00

COAL I.IARKET.-THIS DAY.

Holywell, 14s 6d. ; Carr's Bartley, 16s. ; Eden Main,
16s. ; Walls End Haswell, 16a. ; Walls End Hatton,
15s. 9d. ; Walls End Lanibton, 16a. 6d. ; Walls End
Stewart's, 13s. Dd.; Walls End Tees, 16s. 9d. 64 ships at
market.

SATURDAY EVENING.
The publication in our paper of the exchani
prices from the Continent produced the more inte-
rest yesterday, inasmuch as in consequence of the
sudden fluctuation ir. the exchange at Vienna on
London, a powerful banker having sole possession of
the telegrapie quotations might have made 5,0001.,
which would of coarse have been so much lost to tho
negotiates. - intehange had been falling
during the week, when on Thursday it was an-
nounced that the quotation on Wednesday at Vienna
was 1 lfl. 30 kreutzers. This quotation was by some
persons thought to be erroneous, as the previous
iquotation was 1111 kreutzers, and a rise of 17
kreutzers at onetime being equivalent to2l per
cent. was quite unexampled. They therefore con-
' sidered the quotation was a misprint for 11 11. 30
I kreutzers; but those more familar with the subject,
observing that the exchange at Vienna on Paris was
likewise quoted higher, the renort was received as
authentic. Thus in the very first week of the new
communication of the telegraph prices the mercan-
tile interest have benefited to a considerable extent.
We are glad to state that, at a meeting of the
creditors of Messrs. Campbell, Arnott, and Co., of
Liverpool, yesterday, 13s. 4d. in the pound was
accepted, and authority given to the firm to continue
the Panama business.
I Money continues abundant, and the rates as before.
The payment of a large amount for dividends is at
hand, and in a short time the railway companies will
begin to purchase Exchequer Bills with their cur-
rent profits. Today another instalment of 15 per
cent. becomes due on the Sardinian loan, and will no
doubt be fully paid up, as otherwise the payments
already made become forfeited. The shams of the
new South American and General Steam Navigation
Company are in allotment at Liverpool, and, as half
the amount of the shares is payable on allotment, a
sum of 100,000/. will have to be paid up.
Abroad money is easy in most districts, except
in Austria.
The operations of the Bank of England have been
of the usual character at this time of the year, and
the large imports of bullion last week have told
materially on the stock of the precious metals.
The accounts of the Bank of Vienna to the 31st of
July are as follows:
Bullion
Circulation
Discounts
The accounts to the 31st August are as follows :
Bullion
Circulation 23,221,520 Decrease 688;3'23
Discounts
Except so far as the decrease of circulation is con-
cerned, these returns aro not so favourable as those
earlier in the year.
The accounts of tho National Bank of Sardinia for
the week ending the 10th September show the
following results:—
Bullion £938,177 Increase £84,129

, ,
Circulation 1,373,882 Decrease 88,390
Private deposits 63,852 Increase 13,152
Public deposits
Discounts

The price of silver has during the week continued
to decline, and bar silver has marked ret. Ojd. per oz.
standard( the lowest price for a long time, with the
prospect of a largely, increased production of gold
from California and Australia. Tho quicksilver
workings of California, which were looked to to
increase the yield of the South American silver
mines, have not yet had that operation, and as the
wages of labour are now under such influences in
Mexico and the South Pacific countries that an
advance is likely to take place, besides the competi-
tion of gold digging as an employment, there is at
the present moment little prospect of silver receipts
being increased. This would have a tendency to
increase the price of silver, but the consumption is I
undoubtedly- decreasing for coinage and articles of
plate. Gold is now coming largely into circulation
here silver used to be the favourite currency ; gold
is being more used for jewellery and gilding; and
silver plate is less in demand on account of the
extension of plated wares and electro plate.
Under these circumstances there is no imme-
diate prospect of any great alteration in the
relative value of the two precious metals beyond
what may be produced by any sudden political de-
mand. It is, nevertheless, to be observed, that
although there may be less pressure from the East
Indies for silver bullion, yet with the war between
the two emperors in the south we cannot expect
Sycee so freely hem China.
The resent quotations of the market are thus
by Messrs. Sharps and Wilkrs gold,
17•79 d. per ounce standard; Amencan.goldreles.
Si. les. fld. per ounce ; bar silver; 'MUM" Ili