The Express.
London, England, 1857-11-03 00:00:00

MONEY AVABEBT.-THIS DAY.

Two o'CLoor.
Owing to the withdrawals of gold from the
Bank, coupled with the less satisfactory advice+,
from America, the funds were weaker. Prices
are now quoted fully per cent. worse than at
the close of business on Saturday. The other de-
partments of The Stock Exchange also exhibit

heaviness.
Consols for the 10th inst. were first marked 89;
and 901, and are now quoted only 89/. For money
the price is also 89 t. The Three per Cents. Re-
duced have been dealt in at 891 to 881 ; the
New Three per Cents., at 89,1, to 88; ; Bank Stock,
at 208; to 211; Exchequer Bills, at 15s. to 10s. dim.;
Exchequer Bonds, 1859, at 91/ to ; and India

Bonds,sat 475. to 425. die.
Turkish Six per Cents. 'were :first marked 881
for the 16th inst., and have since fallen to 881 to
1. The Oaaranteed Four per Cents. have
been dealt in at 981 for money, and 98 and
971 for the account, being also rather weaker.
Other foreign stocks are quiet. The sales comprise
Brazilian Five per Cents., 1829 and 1839, at
991 ; Chilian Six per Cents., at 103; Dutch
Two-and-Half per Cents. at 64; Portuguese Throe
per Cents., 1853, at 431; Russian Fire per Cents.
at 106; Sardinian Five per Cents.. at 891 to 90;
and Spanish Old Three per Cents. at 401.
In the discount market yesterday there was a fair
demand for money, with a tolerably good supply.
At the Bank of England the applications were upon

an active scale.
The withdrawals of gold from the Bank, to the
probability of which we drew attention several
days ago, continue to excite some uneasiness. In
addition to occasional withdrawals of sovereigns
destined for the Irish and Scotch banks, and to the
90,0001. in bar gold which was taken out on Satur-
day for exportation, about 40,0001. in bars was yes-
terday withdrawn for shipment to the Continent, in
payment for silver. So long as gold flows thus
freely from the Bank, the apprehension of fresh re-
strictions will be kept alive. The bullion in the
Bank is now reduced to a point at which a con-
tinuance of the efflux will produce the more effect.
Supplies of gold from Australia are, therefore,
anxiouslyp lookedrecis for.
Some of sovereigns were also taken from
the Bank yesterday, for exportation to India and
China.
The exact amount of specie and bullion shipped
on board the Ripon, which will leave Southampton
for Alexandria to-morrow, is 956,8471. Of this,
12,1321. is gold and 944,6951. silver. The ship-
ments to China are very small, and those to
Bombay and Calcutta enormously large. The
details are as follows, viz., for the Mauritius,
gold, 5001.; for Ceylon gold, 5,1751. ; for Bombay,
350,9961. (of which 6861. is gold); for Alexandria,
160/. ; for Madras, 28,0791. (of which 3,5881, is
gold ; for Calcutta, 475,0651. (of which 1,8211. is
li
gold ; for Penang, 1,0101. ; for Singapore, 23,8341.
for ong Kong, 68,6951. (of which 4001. is gold);
and for Shanghai, 3,4401.
The subjoined exhibits the aggregate shipments by
each of the last six
Col steamers :
August 20 per ombo
September, 4, per Indus
September 20, per Ripon 663,669
October 4, per Colombo
October 20, per Indus 777,122
November 4, per Ripon
It is expected that a very large amount of silver
will be despatched by the packet of the 20th inst.,
inclusive of the quarter of a million or thereabout,
which is to be remitted by the East India Company,
and for the delivery of which contracts are under-
stood to have been already entered into by parties
who will draw it from the Continent.
The steamers Panther and Pilot arrived in the
Thames, on Saturday, from Boulogne and Antwerp,
with about 40,0001. worth of silver.
It appears from the New York &deices that the
exchange on London remained depressed. The
leading bankers asked 104 to 105 for bills on Eng-
land, but mercantile bills of the first class were
obtainable from 100 to 103 per cent. Un-
less an advance takes place, we must look
for continued remittances of gold from England
to New York. Moreover, the telegram received at
Halifax, with two days later news from New York,
announces increased tightness and depression in the
money and stock markets. It is mentioned that
" the news by the Europa has had an unfavourable
influence here.' The Europa sailed from Liverpool
on Saturday, the 10th of October, with 63,0001. in
specie, and with news that the Bank of England
had, on the previous Thursday, raised the rate of
discount from 51 to 6 per cent. It was not until
Monday, the 12th, that the rise to 7 per cent. was
decided upon.
The next steamer to sail for New York is the
Ariel, which will leave Southampton to-morrow.
The City of Washington will sail from Liverpool on
the same day, and the Niagara on Saturday.
In the wheat market yesterday prices were some-
what irregular, bat, upon the whole, more firmnees
prevailed, transactions taking place at rates equal to
those of last Monday. The decline of ls. to 2s. per
quarter, which was established in the interval, naa
consequently been recovered, although the reports
from the country markets held at the close of last
week, as well as those from the French markets,
announce a further decline of Is. to 2s. per quarter.
The imports of foreign grain into London last week
were large. The number of floating cargoes of
grain arrived at ports of call since last Friday is 28,
the wind being southerly.
The advices from Manchester report increasing
depression of trade. In the cotton manufacturing
districts, in the silk trade, and other quarters, the
production is being greatly curtailed, and the num-
ber of operatives either out of employment or only
partially employed, is daily augmenting.
At a meeting of the creditors of Mr. Alfred Hill,
commission merchant and shipping agent, of No.
35, Milk-street, held at the Guildhall Coffee-house,
geterday, a statement of the affairs haying been rend
Mr. Unite-tie, the accountant, Mr. Van Soudan,
solicitor for Mr. Hill, proposed to pay the creditors
a composition of ss. Bd. in the pound in the follow-
ing.manner : le. 81. in the pound at four months,
2s. in the pound at eight months, and 2s. in the
pound at twelve months, from December 1, and to
pay the trade creditors a further sum of 2s. 4d. in
the pound, to be secured to them by an assignmentto traritees of Mr. A. Hill's cOtaintreTle claims 6"
1"4
the drawers of his accommodation acceptances. I his
resolution is to be considerel void unless agreed to
by all creditors within one month from the present
date. This proposition was accepted, and the reso-
lution was signed by the majority of the creditors
present.
The weekly traffic return of the Great Western
Railway of Canada, just received, presents a de-
crease of 4,958/., compared with that for the Cer-
ra/sanding week of last fens.
The half-yearly meeting of the Imperial Conti-
nental Gas Association is called for the 25th instant,
when a half-yearly dividend is to be declared on the
first, second, third, and fourth capitals.
Shareholders in the Brazilian Land and Mining
Company (Limited) who hold bankers' receipts for
the payment of 11. per share, may receive certifi-
cates of fully paid-up shares on the 9th inst.
The dividends are advertised on Wilmington and
Raleigh Railroad Bonds.

MONDAY EVENING.

This being one of the days fixed for the striking
of the half-yearly balance at the Bank of England,
the transfer offices at that establishment were closed,
and the Stock Exchange was also shut, according to
custom. A number of dealers met in the Royal
Exchange, and a few transactions took place in Con-
sols for the 10th instant, the price ranging from 891
to 901, which would imply a reduction of to f, per
cent. from the closing quotations of Saturday. As a
cause for the decline the American news was as-
I signed. These quotations, however, must be re-
ceived with caution, as quite destitute of official
anthoriaation.