The Express.
London, England, 1857-10-19 00:00:00

►URTHER RISE IN THE BANK RATE OF

DISCOUNT.

Two o'CLocz.

The funds to-day exhibit a fall of I to i per
cent., consequent upon the advices from America,
which are interpreted as very unsatisfactory. Nearly
all the other departments of the Stock Exchange are
weaker.

Consols for the 10th of November, were Brat
marked 881 and 881, and, after recover-
ing to 881 to 1, are now quoted 881, or 88 5-16
to 7-16. For money the present quota-
tion is 881. The Three per Cents. Reduced
are marked 871 and 871 ex div.; the New
Three per Cents., 874, 871, 871, and 87/ ex div. ;
Bank Stock 213, ex div.; and Exche-
quer Bills 10a. to 6s. dia., being lower.
Turkish Six per Cent& were first marked 864
for the account, were then purchased up to 874, and
are now quoted 87 to 4. Some other classes of foreign
*docks are a little flatter. Subjoined is a complete
list of the morning's sales viz Brazilian
Old Five per Cents., at 100 ; Chiliaa Six
per Cents., at 102 ; Danish Five per Cents.,
at 1004 ; Dutch Two-and-a-Half per Cents., at 631;
ditto, Four per Cent. Certih., at 971 to ; Mexican
Bonds, at 191; Peruvian Four-and-a-Half per Cents.,
for account, at 77 and 76; ditto Three per Cents., at
631 and 524 ; Russian Four-and-a-Half per Cents.,
at 951; Sardinian Five per Cents., for account, at
89; and Turkish Guaranteed Four per Cents, for
account, at 971.

QUARTER TO THREE.

The Bank of England have just moat unex-
pectedly raised the rate of discount from 7
to 8 per cent., owing chiefly to the bad news from
America.

Consols have fallen to 88k to 1 for the 10th
November.

No bar gold was taken from the Bank on Saturday
for exportation, the buyers on continental account
prefirring to await the delivery of the amount
brought by the steamer Royal Charter.
According to advice' from Paris, the stock of
bullion in the Bank of France continued to decline
during the few days following the publication of the
last monthly return. On Tuesday last, when the
Bank raised its rate of discount to Cti per cent, a
further lees of 16,00 W. in gold was sustained. Since
that date, however, a recovery of 160,00 W. is
spoken of.

The other continental stock markets retain an im-
proving appearance. At Amsterdam a further rally
has taken place in most descriptions of securities.

The amount of specie and bullion brought by the
Magdaleoa from the West Indies and Isthmus is
about 185,0001., of which rather more than one half
consists of silver.

The other imports of the precious metals re-
ported last week comprised 284,0001. by the Red
Jacket, 360,0001. by the Royal Charter, and a re-
ported total of 180,0001. by the King Philip, all
three from Melbourne ; 16,0001. by the California,
and 3,0001. by the Omer Pasha, both from Bydnzy;
60,0001. by the Berwick, and 9,0001. by the Lucien,
both from St. Petersburg; 7,2601. by the Brenda,
and 8,0001. by the Noma, both from Constantinople;
1,3801. by the Alhambra, from the Peninsula ; two
cases of specie, by the Vesta, from Oporto; and
1,6901. by the Medway, from the Brazils.
The total value of these arrivals is not less than
1,064,0001., of which 686,0001., comprises the re-
mittances by the Magdalena, King Philip, and
Royal (*barter. In addition,a total of about 290,0001.
in silver is known to have arrived in the Thames
this week from the Continent, exclusive of the quan-
tity received by railway from the outports.
The Custom-house weekly statement of the ex-
ports of the precious metal. direct from London in-
cludes 66,360 ounces of gold, and 2,400 ounces of
silver, representing a total value of about 282,0001.
With the exception of 1,500 ounces of gold, de-
spatched to Belgium, the whole of these supplies
were sent to the Continent.

The shipments from the outports have included
103,0001. by the Celt, for the Cape ; 30,3201. by the
Australasia, for Alexandria; 72,6001. in gold by the
Baltic, and 240,000!. by the Persia, both for New
York ; about 60,000!. by the Tagus, for the Penin-
sula ; and 19,1301. by the Onnooo, for the West
Indies, tkc.
The total ascertained shipments of the week are
thus raised to nearly 780,0001. The private remit-
tances of gold to the Continent, in part payment for
the silver imported, have also comprised the larger
proportion of the gold ex the Red Jacket, together
with the amount received from Russia.
The shipments of specie and bullion by the
Indus, which will leave Southampton to-morrow for
Alexandria, we had estimated on the 13th inst. as
likely to approach 800,0001. The exact amount is
777,1221., of which about 38,0001. consists
of gold (principally sovereigns, taken from
the Bank), all the rest being silver. The sum
destined for the two Chinese porta is only 38,1761.,
owing partly to the fact that the overland mail has
brought no advices from that country. The amount
despatched to Calcutta alone approaches half a mil-
lion. The details are shown below, vie.: For Aden,
3,3301. • for Ceylon, 1,2341.; for Bombay, 234,6671. ;
for Madras, 43,6031.; for Calcutta, 431,2371. r for
Penang, 3,8361. ; for Singapore, 20,740/. ; for Hong
Kong 27,487!.; and for Shanghai, 10,6891.
_ .

The subjoined exhibits the aggregate shipments
by each of the last six steamers :
August 4, per Ripon £1,012,963
August 20, per Colombo 1,096,014
Sept. 4, per Indus
Pam. 20, per Ripon 663,369
Oct. 4, per Colombo 614,466
Oct. 20, per Indu• 777,122
The Melbourne advices mention that the ships
Avon and Heatherbell sailed from that port for
London about the 10th August. They have there-
fore been about 67 days at sea. The remittances of
gold by these vessels represent a total of about
284,0001., the Avon having 51,000 ounces and the
Heatherbell 20,000 ounces..

The traffic returns of the leading French railways,
just published, show, as compared with those for the
corresponding period of last year, an increase on the
Southern, Eastern, Northern and Western lines, and
a decrease on the Orleans, Lyons and Mediterranean.
The increase on the Eastern line is considerable, and
on tho Western very small.
The Submarine Telegraph Company announce
that messages can now be transmitted by telegraph
to Lisbon and Oporto.
A call of 21. is to be paid on the shares in the Vale
of Neath Railway by the 9th November.
The Spanish General Credit Company announce
the third all of 41. per share, to be paid by the 15th
November.

Twelve months' interest at the rate of 6 per cent.
per annum is advertised on the shares of the Copiapo
Extension Railway Company.

81nninAT IrraN rms.

The money market exhibits no symptoms of a
return of the late severepressure, but although there
is a fair supply of capital on offer, stringency con-
firms to prevail The rates generally charged are
fully equal to, end even rather exceed, thaw of the
Bank. Both at that establishment and in Lombard-

street the applic►tions were to-day numerous. Up
to this day the repayments of advances previously
made by the Bank have been large, and this process
whilst it tends to reduce the general supply of money
afloat, and to keep up a good demand, will prevent
the Bank's reserve from being seriously trenched
spoil by the drain incidental to the dividends.
The funds continue to derive great support from
the investments of the public, which bare formed so
important a feature of the market this week. This

Mining great buoyancy wits shown, and a fresh rise
of no less than per cent. was for a short time
attained. This was met, however, by a large sale,
stated to be on banking account, and to amount to
upwards of 200,0001., of which 100,0001. was for
delivery on Tuesday next. A decided check
was thus immediately given, and prices ex-
perienced a relapse of fully I per cent. The
closing quotations were scarcely per cent above
those of yesterday, but the market retains consider-
able firmness of character, owing to the extent to
which the stock so long speculatively held has been
transferred to the hands of the public on the recent
fall. Nearly all the other departments of the Stock
Exchange exhibit a further improvement, which ex-
tended to English, Canadian, Indian, and Belgian
railway shims':

Con:rola, which were quoted at 4 o'clock yes-
terday 884, for the 10th Nov., were first marked this
morning 884 and 884, rose to 894, and closed at
884 to 1. For money, the last price vras 881 to t.
The official business report leas follows :—Three per
Cent. Consols, for money, 884, 881, 891, 89;
ditto, for account (10th Nov.), 884, 88 , 894,
89 ; Three per Cent. Reduced,B7l, 87 , 884
ex die.; New Three per Cents., 871, 874, 881,
884 ex div. ; Bank Stock, 213 ex div. ; India
Stock, 209 ; India Bonds, 30s. discount. Exchequer
Bonds falling payable in 1838,981 ; ditto, 1869,98.
Exchequer Bills remain quoted Bs. to 4s. dis.;
India Bonds are still heavy.
Turkish Six per Cents. were in great demand in
the morning, and were marked as high as 884 ex
div. for the 30th inst , but afterwards relapsed,
closing about the same as yesterday, viz., at 871 to
88. The Guaranteed Four per Cents., fter being
marked 981, closed at 97t to 984. Other foreign
stocks were inactive, but well supported. Sales are
recorded as follows :—Mexican Three per Cents., for
account (30th Oct.), 194, 191. Spanish New De-
ferred Three per Cents., for account,264 ; the Passive
Bonds, 6. Vurkish Six per Cents., 884 ex div.;
ditto for account (30th Oct.), 884, 884 ex div.;
ditto, Guaranteed Four per Cents., 98, 98/ ; ditto
for account, 984.
Bank shares to-day were very quiet. Oriental
Bank improved 10a. per share. Electric Telegraph
sad South Australian Land Stocks were quoted 11.
higher. London General Omnibus closed at 3 9-16
to 11-16 ex div. A small parcel of these shares
were " bought in" at 34, against parties failing to
deliver them.

MINE&-THIS DAY.

Two o'CLoow.

Business in some mining. stocks this morning has
been inanimate, and there is no feature of interest to
report. The inquiries are to only a moderate extent.
From the Stock Exchange, no transactions are
reported.
In foreign and colonial mining securities there is
also an absence of improvement.
. . .

Subjoined is the Official list of transactions in
the Mining Exchange on Saturday, viz.•.
Alfred Colada, 131; Prat Alfred, 31 •, Emit Brunet, 105,
110 ; Gawton United, 245. 6d., 23e.; Lady Bertha, 23e. Bd.,
24a. Bd., 26a. ; North Frances, 131, 14; Partridge Consols,
21,1, I, ; Wheal Edward, 91, 1,1; Wheal Coy, 51, 6.
The adjourned annual meeting of the Portgiband Myer
Lead Mining Company is called for the 30th inst., at Paris.
At the meeting called for the loth alt. the attendance wee
insufficient._

geMers-1 meeting of the Eritennie Gold and Copper
Mining Company (North Molton, Devon) is called for the
28th inst.:—•• To receive a report from the Committee
ap-
pointed by the shareholders at the last general meeting. for
the purpose of winding-op the affair. of the company, and
also on general businees."
Amongst the dividends declared during last week
are the following:—Weet Wheal Seton, 9/. per share
Dokeeth, 81. per • ; Wheal Seton, 21. per ahem ; Wheal
Jane, 30s. per share.
At Wheal Uny meeting en Tumday, &cell of ss. per share
Was made.

SATCEDAT ETIINTWO.
The market for home mining stocks to-day was
rather brisk, and seems little affected by the dis-
turbance in the money market Shares in Sort-
ridge Consols, Gawton United, Alfred Consols,
Wheal Edward, North Wheal Crotty, and Wheal
Grenville were in demand. Wheal Kitty (Lelant),
East Bassett, and West Providence shares were flat.
The following transactions are reported to us from
the Stock Exchange, although not comprised in the
official list, viz.: Wheal Edward at 91 to 91 ; Sort-
ridge Consols at 21; and Gawton United at 235. tad.

COMMERCIAL AND MARKETS.

MARK-LANE.-THIS DAY.

Our market wm supplied this morning pith English wheat
and the arrivals from abroad during the pest week, exceeded
30,000 quarters. Millers evinced exceedingly little disposi-
tion to purchase, and business was dull at a decline of 2s. per
quarter upon but Mondays quotations.
The receipts of Sour being light, this article underwent
little alteration.
Choice samples of barley maintained their value, but
other descriptions were Is. cheaper.
Oats in good supply, and any but superior quality 6d.
per qr. lower.
Beans and pees without change.