The Express.
London, England, 1857-11-28 00:00:00

to greatly strengthen the funds, the more especially
as the purchases which were effected by the public
upon so extensive a scale during the late fall have
absorbed the stock drawn in such immense
quantities from the reserves of the Bank of
&gland and of numerous other bankers. As soon
as the money market becomes easier, these parties
may be expected to reappear in the market as
buyers of the stock recently sold.
A striking feature of the Stock Exchange yester-
day was a brisk demand for the securities of all the
guaranteed Indian railway companies, for which
greatly enhanced prices were established. Invest-
ments and speculative purchases are being prosecuted
with eagerness. .

In the money market the general feeling continues
favourable. More willingnees to lend is evinced,
and, consequently, the demand at the Bank of Eng-
land, though to a fair extent, was not pressing to-
day. Meanwhile, it most be remembered, very
large sums fall due from day to day at the Bank, and
will probably cause a steady addition to the reserve.
The Bank of England yesterday purchased a fur-
ther amount of nearly 30,0001. In gold, the bulk of
which was drawn from the Continent. Owing to the
high rates of exchange, caused by the high value of
money here, golds flowing in steadily from various
parts of the Continent, whence none has been re-
ceived for years.
In the Stock Exchange yesterday money was in
rather better demand, but loans on Consols until the
December settlement could still be obtained at 4 to
3 per cent. per annum.
The recent important advance in Exchequer Bills
has undoubtedly been greatly assisted by the rumour'
that a portion of the amount afloat is to be funded ;
but, despite the contradiction given to that rumour,
perhaps the improvement in the money market may
promote some inquiry for them.
We understand that the East India Company have
already purchased another quarter of a million in
silver, destined for transmission to India by the
packet of the 4th of December. Itemittences of
silver on mercantile account, however, are still
quite discouraged by the state of the money market.
The steamer Baron thy has arrived in tho Thames
from Antwerp with 26,0001. in silver. The Albion
has also brought 12,0001. in silver front Boulogne.
On Change yesterday afternoon • decidedly im-
proved feeling prevailed, and more inclination was
evinced to buy short bills on the Continent. The chief
alteration in the rates was a decline es regards short
bills on Paris. Paper on Vienna, Trieste, and St.
Petersburg ruled rather higher. Upon the whole,
the Continental Exchanges may be said to main-
tain the extraordinarily high rates lately reached.
The current quotations are shown below, viz.:
Amsterdam, three scathe, 12.2} to 3; do., short,
11.181 to 191 ; Rotterdam, these months, 12.21 to 3; Aat warp,
three months, 25.05 to 95; Homburg M's Boma, Shen
mouths, 13.13 to II ; Paris, this dare sight, 26.4010 6;
ditto, throe month., 23.95 to 26.5; Prankfort-ca-thellaine,
dues months, 121 to 2; Petersburg, per rouble this
maths, 33 to } ; Vienna, elf. tlo, three menthe, 11.6 to 15 ;
Trines, dleto, three months, 11.10 to 20; Madrid, tbs.
maths, 471 tot ; Cadiz, than mouths, 47} to 8 ; Leghorn,
three months, 30.65 to 75 ; Genoa, three mouths, 26.30 to
40 ; Naples, three months. 41 to ; Lisboa, 90 days,
61} to } ; Oporto, 90 dais, 62 le }.
The failure is announced of Messrs. J. Hubbard
and Son, engaged in the wool trade, at Leeds, but
the liabilities are believed to be limited.
hopes are entertained that arrangements may be
made for • resumption of payment on the part of
several of the large London firms in the Swedish
trade which lately suspended. Much will depend
on advice. from Sweden, now shortly expected.
A dividend meeting is shortly to be held in the
Court of Bankruptcy under the estate of Messrs.
Strahan, Paul, and Bates, when a further dividend
of 9d. in the pound is expected to be declared.
From Newcastle it is stated that a number of
leading merchants and other parties, including two
director, of the suspended District Bank, have held
a meeting and determined to form • private bank.
The Julia has arrived from China, with 344,70U11n.
of tea and 1,821 bales of silk.
The corn market yesterday was firm, at last Monday's
rates. Yesterday's list includes only two floating car-
goes of grain arrived at ports of call, but the demand
in this department of the market has been very active
daring the last few days, and since Wednesday about
I two dozen cargoes have been sold at prices which
show an advance of Is. to 2r, per qr. over those
current at the beginning of the week. The country
markets arc reported rather dearer.
The subjoined weekly summary of the produce
markets is ?Tom Messrs. W. J. and H. Thompson:
The colonial market., which opened heavily and with a
forther &meads in prices, havelatterly shown este signs
of improvement, and cssicesally higher rats have been oh-
raised. Tho isle. of near bar been at about Is. decline for
the low qualities, but for the good kinelr, which are
sears, rather higher prices have bees. To day a more
gems' dud warred. and the depremiaa epee the fernier
was nearly recovered. For oodles there has been • fair de-
mand at about la. is ls. 6d. per cwt. incline upon the planta-
tion hinds. Wes of rite have hem made for sob, at s-
ame, low quotations, bat theses new no sellers unless at
au advance. Saltpetre has decliaed about 2s. per M. Is
tea bat little braises boo boon demo.
The return of the Bank of England for the week
ending Wednesday, November 26, compared with
the previous weekly return, shows the following
results :

Chadation Ism
Circulation retire 21,340,305 Decease' 66,105
Public depolits
Other deposits
Ouvrnament tecurftias hs
banking departmast . 8,607,417 DIMON 699,687
m ha teskiQ
department 31,350,717 'acmes 1,051,417
Coin sad bullion is both
departments
Siren day end other bills 815,838 Decrease 13,706
Vas Rest

Notes Is reserve I:918,810 lumens 770.8.56
These changes are of arenaming character. The
large increase of public deposits is to a great extent
counteracted by the increase in " other emeriti' es,"
bat as the Bank have nsold government menrities,
they have increased their banking reserve by more
than three quarters of a minim. Consequently, the
two millions of notes Mimed by the Bank beyond
the letter of the law are virtually held by the
Bank themeelves, who have, in addition, a mime
of 398,31371. To all intents and purposes, the charter
is no longer infringed. The least satisketcry feattire
is the continued increase in the other securities. The
sorment as rowels the bullion is mast favourably.